Louisbourg Investments Inc. Has $6.69 Million Stake in Vanguard S&P 500 ETF $VOO

Louisbourg Investments Inc. increased its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.2% during the second quarter, HoldingsChannel reports. The fund owned 11,785 shares of the company’s stock after buying an additional 584 shares during the period. Vanguard S&P 500 ETF comprises about 1.5% of Louisbourg Investments Inc.’s investment portfolio, making the stock its 20th largest position. Louisbourg Investments Inc.’s holdings in Vanguard S&P 500 ETF were worth $6,694,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Atala Financial Inc acquired a new stake in shares of Vanguard S&P 500 ETF during the first quarter worth $28,000. Redmont Wealth Advisors LLC acquired a new stake in Vanguard S&P 500 ETF in the 1st quarter valued at $29,000. Bernard Wealth Management Corp. acquired a new stake in Vanguard S&P 500 ETF in the 2nd quarter valued at $30,000. Lord & Richards Wealth Management LLC acquired a new stake in Vanguard S&P 500 ETF in the 1st quarter valued at $40,000. Finally, Bay Harbor Wealth Management LLC increased its stake in Vanguard S&P 500 ETF by 800.0% in the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock valued at $41,000 after buying an additional 64 shares during the last quarter.

Vanguard S&P 500 ETF Trading Down 2.7%

Shares of VOO stock opened at $600.51 on Friday. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $619.60. The firm’s fifty day moving average price is $599.37 and its two-hundred day moving average price is $558.73. The firm has a market capitalization of $747.28 billion, a P/E ratio of 24.97 and a beta of 1.00.

About Vanguard S&P 500 ETF

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.