Independent Wealth Network Inc. Purchases 87 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Independent Wealth Network Inc. increased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.2% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,767 shares of the company’s stock after purchasing an additional 87 shares during the quarter. Independent Wealth Network Inc.’s holdings in Vanguard S&P 500 ETF were worth $720,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. Moneta Group Investment Advisors LLC grew its stake in Vanguard S&P 500 ETF by 112,624.6% in the 4th quarter. Moneta Group Investment Advisors LLC now owns 136,848,742 shares of the company’s stock valued at $48,080,437,000 after buying an additional 136,727,341 shares during the last quarter. Summit Wealth Group LLC bought a new stake in shares of Vanguard S&P 500 ETF during the first quarter worth approximately $105,000. Envestnet Asset Management Inc. increased its stake in shares of Vanguard S&P 500 ETF by 207.6% during the first quarter. Envestnet Asset Management Inc. now owns 42,348,480 shares of the company’s stock worth $5,485,238,000 after purchasing an additional 28,582,775 shares during the period. CIBC Private Wealth Group LLC increased its stake in shares of Vanguard S&P 500 ETF by 284.4% during the fourth quarter. CIBC Private Wealth Group LLC now owns 2,004,628 shares of the company’s stock worth $701,807,000 after purchasing an additional 1,483,098 shares during the period. Finally, CI Private Wealth LLC acquired a new stake in Vanguard S&P 500 ETF during the 4th quarter worth approximately $347,821,000.

Vanguard S&P 500 ETF Price Performance

NYSEARCA VOO traded down $2.55 on Tuesday, reaching $406.64. The stock had a trading volume of 1,445,463 shares, compared to its average volume of 3,762,186. The firm has a fifty day moving average of $411.30 and a two-hundred day moving average of $392.21. The company has a market cap of $325.32 billion, a P/E ratio of 19.80 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $319.87 and a 1-year high of $422.15.

Vanguard S&P 500 ETF Company 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.