Alterna Wealth Management Inc. Has $2.69 Million Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Alterna Wealth Management Inc. reduced its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 6,155 shares of the company’s stock after selling 319 shares during the quarter. Vanguard S&P 500 ETF makes up about 3.2% of Alterna Wealth Management Inc.’s portfolio, making the stock its 8th largest holding. Alterna Wealth Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $2,689,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in VOO. M&T Bank Corp raised its stake in Vanguard S&P 500 ETF by 4.5% during the fourth quarter. M&T Bank Corp now owns 537,933 shares of the company’s stock valued at $234,969,000 after buying an additional 23,294 shares during the last quarter. Montis Financial LLC increased its holdings in shares of Vanguard S&P 500 ETF by 18.2% during the fourth quarter. Montis Financial LLC now owns 1,233 shares of the company’s stock valued at $539,000 after acquiring an additional 190 shares in the last quarter. Carson Advisory Inc. purchased a new position in shares of Vanguard S&P 500 ETF in the 4th quarter worth about $214,000. Benjamin F. Edwards & Company Inc. boosted its stake in Vanguard S&P 500 ETF by 31.1% in the 4th quarter. Benjamin F. Edwards & Company Inc. now owns 12,358 shares of the company’s stock worth $5,398,000 after purchasing an additional 2,933 shares in the last quarter. Finally, Summit Global Investments boosted its stake in Vanguard S&P 500 ETF by 1.1% in the 4th quarter. Summit Global Investments now owns 6,628 shares of the company’s stock worth $2,895,000 after purchasing an additional 74 shares in the last quarter.

Vanguard S&P 500 ETF Trading Up 1.2 %

NYSEARCA:VOO traded up $5.76 on Friday, reaching $469.98. 4,586,859 shares of the stock traded hands, compared to its average volume of 5,467,846. The company has a market capitalization of $425.78 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $370.92 and a 12 month high of $483.23. The company’s fifty day simple moving average is $470.58 and its 200 day simple moving average is $442.55.

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.