Strategic Financial Concepts LLC Cuts Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Strategic Financial Concepts LLC lessened its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 31.0% during the fourth quarter, HoldingsChannel reports. The fund owned 11,093 shares of the company’s stock after selling 4,979 shares during the quarter. Vanguard S&P 500 ETF accounts for about 2.9% of Strategic Financial Concepts LLC’s investment portfolio, making the stock its 4th biggest holding. Strategic Financial Concepts LLC’s holdings in Vanguard S&P 500 ETF were worth $4,845,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Retirement Income Solutions Inc increased its position in Vanguard S&P 500 ETF by 16.8% in the first quarter. Retirement Income Solutions Inc now owns 3,987 shares of the company’s stock worth $1,655,000 after buying an additional 573 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. boosted its holdings in shares of Vanguard S&P 500 ETF by 14.1% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 1,935,344 shares of the company’s stock worth $803,497,000 after acquiring an additional 239,865 shares during the period. Roundview Capital LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 11.1% in the first quarter. Roundview Capital LLC now owns 52,074 shares of the company’s stock worth $21,620,000 after acquiring an additional 5,196 shares during the period. Sei Investments Co. boosted its holdings in shares of Vanguard S&P 500 ETF by 39.7% in the first quarter. Sei Investments Co. now owns 1,359 shares of the company’s stock worth $564,000 after acquiring an additional 386 shares during the period. Finally, Prudential Financial Inc. boosted its holdings in shares of Vanguard S&P 500 ETF by 23.2% in the first quarter. Prudential Financial Inc. now owns 94,152 shares of the company’s stock worth $39,090,000 after acquiring an additional 17,728 shares during the period.

Vanguard S&P 500 ETF Price Performance

Shares of Vanguard S&P 500 ETF stock traded down $0.06 during trading hours on Friday, reaching $480.70. The company had a trading volume of 4,065,018 shares, compared to its average volume of 5,299,928. Vanguard S&P 500 ETF has a one year low of $366.29 and a one year high of $483.23. The business has a fifty day simple moving average of $463.18 and a 200 day simple moving average of $430.13. The firm has a market cap of $384.57 billion, a PE ratio of 19.80 and a beta of 1.00.

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.