Cahaba Wealth Management Inc. Buys 230 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Cahaba Wealth Management Inc. lifted its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 19.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,385 shares of the company’s stock after buying an additional 230 shares during the quarter. Cahaba Wealth Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $731,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Clarity Wealth Advisors LLC boosted its stake in Vanguard S&P 500 ETF by 4.5% during the third quarter. Clarity Wealth Advisors LLC now owns 2,461 shares of the company’s stock valued at $1,298,000 after buying an additional 105 shares during the last quarter. Gries Financial LLC raised its holdings in shares of Vanguard S&P 500 ETF by 41.1% during the 3rd quarter. Gries Financial LLC now owns 9,531 shares of the company’s stock worth $5,029,000 after acquiring an additional 2,774 shares in the last quarter. Commonwealth Equity Services LLC boosted its position in shares of Vanguard S&P 500 ETF by 2.0% during the 3rd quarter. Commonwealth Equity Services LLC now owns 1,342,038 shares of the company’s stock valued at $708,153,000 after acquiring an additional 25,893 shares during the last quarter. ST Germain D J Co. Inc. grew its holdings in shares of Vanguard S&P 500 ETF by 44.4% in the third quarter. ST Germain D J Co. Inc. now owns 504 shares of the company’s stock valued at $266,000 after purchasing an additional 155 shares in the last quarter. Finally, Raymond James & Associates increased its position in Vanguard S&P 500 ETF by 1.2% in the third quarter. Raymond James & Associates now owns 23,383,328 shares of the company’s stock worth $12,338,681,000 after purchasing an additional 277,818 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

VOO stock traded up $2.06 during trading on Friday, hitting $537.36. 5,070,412 shares of the company’s stock traded hands, compared to its average volume of 5,295,723. Vanguard S&P 500 ETF has a 52 week low of $375.95 and a 52 week high of $538.76. The stock has a market capitalization of $486.83 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The business has a fifty day simple moving average of $518.07 and a 200 day simple moving average of $498.58.

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.