Drive Wealth Management LLC Grows Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Drive Wealth Management LLC boosted its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,204 shares of the company’s stock after acquiring an additional 254 shares during the period. Vanguard S&P 500 ETF accounts for about 0.6% of Drive Wealth Management LLC’s investment portfolio, making the stock its 27th largest holding. Drive Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $2,225,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. City Holding Co. boosted its holdings in Vanguard S&P 500 ETF by 3.3% in the second quarter. City Holding Co. now owns 634 shares of the company’s stock valued at $317,000 after purchasing an additional 20 shares during the last quarter. Midwest Financial Group LLC boosted its stake in shares of Vanguard S&P 500 ETF by 4.0% in the second quarter. Midwest Financial Group LLC now owns 517 shares of the company’s stock worth $259,000 after buying an additional 20 shares during the last quarter. Ballew Advisors Inc grew its holdings in Vanguard S&P 500 ETF by 3.6% during the second quarter. Ballew Advisors Inc now owns 578 shares of the company’s stock worth $298,000 after acquiring an additional 20 shares during the period. City Center Advisors LLC raised its position in Vanguard S&P 500 ETF by 3.1% during the third quarter. City Center Advisors LLC now owns 667 shares of the company’s stock valued at $352,000 after acquiring an additional 20 shares in the last quarter. Finally, Castleview Partners LLC raised its position in Vanguard S&P 500 ETF by 1.6% during the third quarter. Castleview Partners LLC now owns 1,286 shares of the company’s stock valued at $678,000 after acquiring an additional 20 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA VOO opened at $538.50 on Monday. The company has a market capitalization of $487.86 billion, a PE ratio of 25.04 and a beta of 1.00. The company’s fifty day moving average price is $529.25 and its 200 day moving average price is $508.85. Vanguard S&P 500 ETF has a 1 year low of $411.75 and a 1 year high of $551.73.

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.