Summit Wealth & Retirement Planning Inc. Has $4.28 Million Stock Holdings in Vanguard S&P 500 ETF $VOO

Summit Wealth & Retirement Planning Inc. lifted its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 12.4% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 7,539 shares of the company’s stock after buying an additional 833 shares during the quarter. Vanguard S&P 500 ETF comprises 1.1% of Summit Wealth & Retirement Planning Inc.’s portfolio, making the stock its 19th biggest holding. Summit Wealth & Retirement Planning Inc.’s holdings in Vanguard S&P 500 ETF were worth $4,282,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VOO. Quaker Wealth Management LLC lifted its position in shares of Vanguard S&P 500 ETF by 248.4% during the second quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after purchasing an additional 77 shares in the last quarter. Bernard Wealth Management Corp. bought a new position in Vanguard S&P 500 ETF in the 2nd quarter worth approximately $30,000. Lord & Richards Wealth Management LLC bought a new position in Vanguard S&P 500 ETF in the 1st quarter worth approximately $40,000. Bay Harbor Wealth Management LLC lifted its holdings in Vanguard S&P 500 ETF by 800.0% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after buying an additional 64 shares in the last quarter. Finally, Elevate Wealth Advisory Inc. boosted its position in Vanguard S&P 500 ETF by 83.7% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock valued at $47,000 after buying an additional 41 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA VOO opened at $616.89 on Friday. The stock has a market capitalization of $767.66 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $634.13. The stock has a fifty day moving average of $611.72 and a 200-day moving average of $576.69.

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.