Vanguard S&P 500 ETF $VOO Stake Decreased by Summit Investment Advisors Inc.

Summit Investment Advisors Inc. trimmed its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 75,241 shares of the company’s stock after selling 1,994 shares during the period. Vanguard S&P 500 ETF accounts for 31.9% of Summit Investment Advisors Inc.’s portfolio, making the stock its 7th biggest position. Summit Investment Advisors Inc.’s holdings in Vanguard S&P 500 ETF were worth $38,667,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Stokes Family Office LLC increased its stake in shares of Vanguard S&P 500 ETF by 6.2% during the second quarter. Stokes Family Office LLC now owns 13,041 shares of the company’s stock valued at $7,408,000 after purchasing an additional 763 shares in the last quarter. Bonfire Financial grew its position in Vanguard S&P 500 ETF by 10.6% during the 2nd quarter. Bonfire Financial now owns 3,014 shares of the company’s stock valued at $1,717,000 after purchasing an additional 289 shares during the last quarter. Legacy Investment Solutions LLC purchased a new stake in Vanguard S&P 500 ETF during the 2nd quarter valued at about $55,000. Summit Wealth & Retirement Planning Inc. increased its stake in Vanguard S&P 500 ETF by 12.4% during the 2nd quarter. Summit Wealth & Retirement Planning Inc. now owns 7,539 shares of the company’s stock valued at $4,282,000 after purchasing an additional 833 shares in the last quarter. Finally, Quadrant Private Wealth Management LLC raised its holdings in Vanguard S&P 500 ETF by 46.1% in the second quarter. Quadrant Private Wealth Management LLC now owns 4,230 shares of the company’s stock worth $2,410,000 after buying an additional 1,334 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of NYSEARCA VOO opened at $616.89 on Friday. The firm’s 50 day moving average price is $611.72 and its 200-day moving average price is $576.69. Vanguard S&P 500 ETF has a 52-week low of $442.80 and a 52-week high of $634.13. The company has a market cap of $767.66 billion, a PE ratio of 24.97 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.