Mendel Capital Management LLC Acquires 1,778 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Mendel Capital Management LLC raised its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 13.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,475 shares of the company’s stock after buying an additional 1,778 shares during the period. Vanguard S&P 500 ETF accounts for approximately 5.0% of Mendel Capital Management LLC’s portfolio, making the stock its 5th biggest holding. Mendel Capital Management LLC’s holdings in Vanguard S&P 500 ETF were worth $8,166,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VOO. Marquette Asset Management LLC bought a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at approximately $36,000. Kennebec Savings Bank bought a new position in Vanguard S&P 500 ETF during the third quarter worth $51,000. Abich Financial Wealth Management LLC bought a new position in Vanguard S&P 500 ETF during the second quarter worth $50,000. Mendota Financial Group LLC bought a new stake in Vanguard S&P 500 ETF in the 3rd quarter valued at $53,000. Finally, Kings Path Partners LLC acquired a new stake in Vanguard S&P 500 ETF in the 3rd quarter worth $55,000.

Vanguard S&P 500 ETF Stock Down 1.3 %

Shares of VOO opened at $538.50 on Monday. The stock’s 50-day moving average price is $529.25 and its 200 day moving average price is $508.85. The firm has a market capitalization of $487.86 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 $411.75 and a 12-month high of $551.73.

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.