Alterna Wealth Management Inc. Increases Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Alterna Wealth Management Inc. grew its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.2% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,483 shares of the company’s stock after acquiring an additional 41 shares during the quarter. Vanguard S&P 500 ETF comprises 1.4% of Alterna Wealth Management Inc.’s investment portfolio, making the stock its 18th largest position. Alterna Wealth Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,790,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Atala Financial Inc bought a new position in shares of Vanguard S&P 500 ETF during the 1st quarter valued at $28,000. Putney Financial Group LLC bought a new stake in Vanguard S&P 500 ETF in the fourth quarter worth $42,000. Delos Wealth Advisors LLC grew its stake in shares of Vanguard S&P 500 ETF by 166.7% during the fourth quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock valued at $43,000 after buying an additional 50 shares during the last quarter. Measured Risk Portfolios Inc. bought a new position in shares of Vanguard S&P 500 ETF during the fourth quarter valued at about $48,000. Finally, Zeit Capital LLC increased its holdings in shares of Vanguard S&P 500 ETF by 27.5% in the fourth quarter. Zeit Capital LLC now owns 102 shares of the company’s stock worth $57,000 after buying an additional 22 shares during the period.

Vanguard S&P 500 ETF Price Performance

Shares of VOO stock opened at $567.77 on Wednesday. The business has a 50-day moving average of $538.65 and a 200 day moving average of $533.80. Vanguard S&P 500 ETF has a 1-year low of $442.80 and a 1-year high of $569.15. The stock has a market capitalization of $697.61 billion, a PE ratio of 24.97 and a beta of 1.00.

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.