GDS Wealth Management Grows Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

GDS Wealth Management lifted its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 16.0% during the fourth quarter, Holdings Channel reports. The institutional investor owned 1,067 shares of the company’s stock after acquiring an additional 147 shares during the quarter. GDS Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $575,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Sumitomo Mitsui DS Asset Management Company Ltd boosted its stake in Vanguard S&P 500 ETF by 78.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,866 shares of the company’s stock worth $3,623,000 after purchasing an additional 3,014 shares in the last quarter. GAMMA Investing LLC boosted its stake in Vanguard S&P 500 ETF by 23.3% in the 4th quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock worth $848,000 after purchasing an additional 297 shares in the last quarter. Precedent Wealth Partners LLC lifted its stake in Vanguard S&P 500 ETF by 38.2% during the 4th quarter. Precedent Wealth Partners LLC now owns 10,210 shares of the company’s stock valued at $5,501,000 after acquiring an additional 2,820 shares during the period. Vishria Bird Financial Group LLC bought a new position in Vanguard S&P 500 ETF during the 3rd quarter valued at about $290,000. Finally, Nottingham Advisors Inc. lifted its stake in Vanguard S&P 500 ETF by 5.1% during the 3rd quarter. Nottingham Advisors Inc. now owns 2,734 shares of the company’s stock valued at $1,443,000 after acquiring an additional 133 shares during the period.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $549.70 on Tuesday. The stock has a market capitalization of $498.01 billion, a P/E ratio of 25.04 and a beta of 1.00. The company’s 50-day simple moving average is $549.56 and its two-hundred day simple moving average is $530.09. Vanguard S&P 500 ETF has a 52-week low of $450.54 and a 52-week high of $561.66.

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.