Archer Investment Corp Boosts Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Archer Investment Corp boosted its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 12.5% during the fourth quarter, Holdings Channel reports. The firm owned 4,283 shares of the company’s stock after buying an additional 475 shares during the quarter. Archer Investment Corp’s holdings in Vanguard S&P 500 ETF were worth $1,871,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VOO. Life Planning Partners Inc purchased a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at $25,000. Motco lifted its position in shares of Vanguard S&P 500 ETF by 172.0% in the third quarter. Motco now owns 68 shares of the company’s stock valued at $27,000 after acquiring an additional 43 shares in the last quarter. CGC Financial Services LLC lifted its position in shares of Vanguard S&P 500 ETF by 1,416.7% in the third quarter. CGC Financial Services LLC now owns 91 shares of the company’s stock valued at $36,000 after acquiring an additional 85 shares in the last quarter. Blume Capital Management Inc. lifted its position in shares of Vanguard S&P 500 ETF by 833.3% in the third quarter. Blume Capital Management Inc. now owns 112 shares of the company’s stock valued at $44,000 after acquiring an additional 100 shares in the last quarter. Finally, Woodard & Co. Asset Management Group Inc. ADV purchased a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at $52,000.

Vanguard S&P 500 ETF Trading Down 0.4 %

Shares of NYSEARCA:VOO traded down $2.06 on Wednesday, hitting $460.72. The company had a trading volume of 5,901,180 shares, compared to its average volume of 5,451,204. Vanguard S&P 500 ETF has a 52-week low of $370.92 and a 52-week high of $483.23. The business has a 50 day moving average of $469.75 and a 200 day moving average of $437.03. The company has a market cap of $417.39 billion, a PE ratio of 25.59 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.