Alpha Financial Advisors LLC Makes New $8.66 Million Investment in Vanguard S&P 500 ETF $VOO

Alpha Financial Advisors LLC bought a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the second quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 15,253 shares of the company’s stock, valued at approximately $8,664,000. Vanguard S&P 500 ETF comprises about 3.3% of Alpha Financial Advisors LLC’s holdings, making the stock its 11th biggest position.

Other hedge funds also recently bought and sold shares of the company. Quaker Wealth Management LLC grew its holdings in shares of Vanguard S&P 500 ETF by 248.4% during the second quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after buying an additional 77 shares in the last quarter. Bernard Wealth Management Corp. purchased a new position in shares of Vanguard S&P 500 ETF during the second quarter valued at approximately $30,000. Lord & Richards Wealth Management LLC acquired a new stake in Vanguard S&P 500 ETF during the first quarter worth approximately $40,000. Bay Harbor Wealth Management LLC grew its stake in Vanguard S&P 500 ETF by 800.0% in the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after acquiring an additional 64 shares during the period. Finally, Elevate Wealth Advisory Inc. raised its holdings in Vanguard S&P 500 ETF by 83.7% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock valued at $47,000 after acquiring an additional 41 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 0.1%

Shares of NYSEARCA:VOO opened at $616.89 on Friday. The firm has a market cap of $767.66 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The stock’s 50-day moving average price is $611.72 and its two-hundred day moving average price is $576.69. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month 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.