Forefront Wealth Management Inc. Makes New $307,000 Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Forefront Wealth Management Inc. bought a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, HoldingsChannel.com reports. The fund bought 570 shares of the company’s stock, valued at approximately $307,000.

Several other hedge funds and other institutional investors have also bought and sold shares of VOO. Your Advocates Ltd. LLP bought a new stake in Vanguard S&P 500 ETF in the fourth quarter valued at approximately $29,000. Asset Management One Co. Ltd. lifted its position in Vanguard S&P 500 ETF by 185.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after purchasing an additional 37 shares during the last quarter. Prospera Private Wealth LLC bought a new stake in Vanguard S&P 500 ETF in the third quarter valued at approximately $46,000. Urban Financial Advisory Corp bought a new stake in Vanguard S&P 500 ETF in the third quarter valued at approximately $51,000. Finally, Sherman Asset Management Inc. bought a new stake in Vanguard S&P 500 ETF in the fourth quarter valued at approximately $52,000.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO stock opened at $520.26 on Friday. Vanguard S&P 500 ETF has a fifty-two week low of $453.90 and a fifty-two week high of $563.92. The stock has a 50 day moving average price of $543.36 and a two-hundred day moving average price of $538.78. The company has a market capitalization of $1.47 trillion, a P/E ratio of 25.26 and a beta of 1.01.

Vanguard S&P 500 ETF Profile

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks.