Bonfire Financial Makes New $1.23 Million Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Bonfire Financial purchased a new position in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 2,280 shares of the company’s stock, valued at approximately $1,228,000. Vanguard S&P 500 ETF comprises about 1.1% of Bonfire Financial’s investment portfolio, making the stock its 22nd largest position.

Several other hedge funds have also added to or reduced their stakes in VOO. Prospera Private Wealth LLC bought a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at about $46,000. Urban Financial Advisory Corp bought a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at about $51,000. Kennebec Savings Bank bought a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at about $51,000. Sugar Maple Asset Management LLC bought a new position in shares of Vanguard S&P 500 ETF during the fourth quarter valued at about $53,000. Finally, Stone House Investment Management LLC bought a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at about $59,000.

Vanguard S&P 500 ETF Trading Up 0.7 %

Shares of NYSEARCA:VOO opened at $556.15 on Tuesday. The company has a market cap of $503.85 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The company has a 50-day moving average price of $549.81 and a 200-day moving average price of $531.78. Vanguard S&P 500 ETF has a 12 month low of $450.99 and a 12 month high of $561.66.

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.