Fonville Wealth Management LLC Acquires Shares of 7,588 Vanguard S&P 500 ETF (NYSEARCA:VOO)

Fonville Wealth Management LLC acquired a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 7,588 shares of the company’s stock, valued at approximately $3,315,000. Vanguard S&P 500 ETF accounts for approximately 1.8% of Fonville Wealth Management LLC’s portfolio, making the stock its 21st biggest holding.

A number of other hedge funds have also recently modified their holdings of VOO. WBH Advisory Inc. raised its position in shares of Vanguard S&P 500 ETF by 0.6% during the 4th quarter. WBH Advisory Inc. now owns 4,140 shares of the company’s stock valued at $1,808,000 after purchasing an additional 23 shares during the period. RAM Investment Partners LLC raised its position in shares of Vanguard S&P 500 ETF by 2.5% during the 4th quarter. RAM Investment Partners LLC now owns 969 shares of the company’s stock valued at $423,000 after purchasing an additional 24 shares during the period. Wealth Effects LLC raised its position in shares of Vanguard S&P 500 ETF by 0.7% during the 4th quarter. Wealth Effects LLC now owns 3,308 shares of the company’s stock valued at $1,445,000 after purchasing an additional 24 shares during the period. Staley Capital Advisers Inc. raised its position in shares of Vanguard S&P 500 ETF by 0.5% during the 2nd quarter. Staley Capital Advisers Inc. now owns 4,589 shares of the company’s stock valued at $1,869,000 after purchasing an additional 25 shares during the period. Finally, Rehmann Capital Advisory Group raised its position in shares of Vanguard S&P 500 ETF by 1.2% during the 3rd quarter. Rehmann Capital Advisory Group now owns 2,156 shares of the company’s stock valued at $847,000 after purchasing an additional 25 shares during the period.

Vanguard S&P 500 ETF Price Performance

Shares of VOO stock traded down $0.85 on Thursday, hitting $459.14. 5,625,929 shares of the stock traded hands, compared to its average volume of 5,474,669. The firm has a market cap of $415.96 billion, a price-to-earnings ratio of 25.59 and a beta of 1.00. Vanguard S&P 500 ETF has a 52 week low of $370.92 and a 52 week high of $483.23. The firm has a 50 day simple moving average of $469.79 and a two-hundred day simple moving average of $437.19.

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.