King Wealth Management Group Increases Stock Position in Vanguard S&P 500 ETF $VOO

King Wealth Management Group increased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 27.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 2,618 shares of the company’s stock after buying an additional 564 shares during the quarter. King Wealth Management Group’s holdings in Vanguard S&P 500 ETF were worth $1,487,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Quaker Wealth Management LLC grew its holdings in shares of Vanguard S&P 500 ETF by 248.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after purchasing an additional 77 shares during the period. Bernard Wealth Management Corp. purchased a new position in Vanguard S&P 500 ETF in the second quarter valued at approximately $30,000. Bay Harbor Wealth Management LLC lifted its position in Vanguard S&P 500 ETF by 800.0% during the second 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 in the last quarter. Elevate Wealth Advisory Inc. grew its stake in Vanguard S&P 500 ETF by 83.7% during the first quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock worth $47,000 after buying an additional 41 shares during the period. Finally, Legacy Investment Solutions LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the second quarter worth $55,000.

Vanguard S&P 500 ETF Trading Down 1.6%

Shares of VOO stock opened at $617.99 on Friday. The company has a market cap of $769.03 billion, a PE ratio of 24.97 and a beta of 1.00. The company’s fifty day simple moving average is $614.33 and its 200-day simple moving average is $580.27. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $634.13.

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.