Verus Wealth Management LLC Purchases Shares of 17,682 Vanguard S&P 500 ETF (NYSEARCA:VOO)

Verus Wealth Management LLC acquired a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 17,682 shares of the company’s stock, valued at approximately $9,527,000. Vanguard S&P 500 ETF makes up 10.7% of Verus Wealth Management LLC’s portfolio, making the stock its 2nd largest holding.

A number of other hedge funds have also made changes to their positions in VOO. Sumitomo Mitsui DS Asset Management Company Ltd raised its stake in shares of Vanguard S&P 500 ETF by 78.2% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,866 shares of the company’s stock valued at $3,623,000 after purchasing an additional 3,014 shares during the period. GAMMA Investing LLC grew its holdings in Vanguard S&P 500 ETF by 23.3% during the 4th quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock valued at $848,000 after purchasing an additional 297 shares in the last quarter. Precedent Wealth Partners LLC boosted its position in Vanguard S&P 500 ETF by 38.2% in the 4th quarter. Precedent Wealth Partners LLC now owns 10,210 shares of the company’s stock valued at $5,501,000 after buying an additional 2,820 shares during the last quarter. Vishria Bird Financial Group LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at about $290,000. Finally, Nottingham Advisors Inc. increased its position in shares of Vanguard S&P 500 ETF by 5.1% during the third quarter. Nottingham Advisors Inc. now owns 2,734 shares of the company’s stock worth $1,443,000 after acquiring an additional 133 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO opened at $555.85 on Wednesday. Vanguard S&P 500 ETF has a one year low of $443.75 and a one year high of $561.66. The stock has a 50-day moving average price of $548.77 and a 200 day moving average price of $528.98. The company has a market capitalization of $503.58 billion, a P/E ratio of 25.04 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.