Bessemer Group Inc. Cuts Position in Vanguard S&P 500 ETF $VOO

Bessemer Group Inc. lessened its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.2% during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 739,733 shares of the company’s stock after selling 49,021 shares during the period. Vanguard S&P 500 ETF makes up approximately 0.7% of Bessemer Group Inc.’s portfolio, making the stock its 28th biggest holding. Bessemer Group Inc.’s holdings in Vanguard S&P 500 ETF were worth $420,191,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VOO. Redmont Wealth Advisors LLC purchased a new position in shares of Vanguard S&P 500 ETF in the 1st quarter worth approximately $29,000. Bernard Wealth Management Corp. purchased a new position in shares of Vanguard S&P 500 ETF in the 2nd quarter worth approximately $30,000. Lord & Richards Wealth Management LLC bought a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth approximately $40,000. Bay Harbor Wealth Management LLC raised its holdings in shares of Vanguard S&P 500 ETF by 800.0% in the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after purchasing an additional 64 shares during the period. Finally, Elevate Wealth Advisory Inc. raised its holdings in shares of Vanguard S&P 500 ETF by 83.7% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock worth $47,000 after purchasing an additional 41 shares during the period.

Vanguard S&P 500 ETF Trading Up 0.8%

NYSEARCA:VOO opened at $622.55 on Monday. The stock has a market capitalization of $774.71 billion, a PE ratio of 24.97 and a beta of 1.00. The firm’s 50 day moving average is $604.92 and its 200 day moving average is $567.67. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $623.79.

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.