NewEdge Wealth LLC Lowers Position in Vanguard S&P 500 ETF $VOO

NewEdge Wealth LLC trimmed its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOOFree Report) by 8.6% during the 1st quarter, Holdings Channel reports. The fund owned 198,432 shares of the company’s stock after selling 18,654 shares during the period. Vanguard S&P 500 ETF comprises about 1.4% of NewEdge Wealth LLC’s portfolio, making the stock its 12th largest position. NewEdge Wealth LLC’s holdings in Vanguard S&P 500 ETF were worth $118,573,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Vanguard Group Inc. lifted its position in shares of Vanguard S&P 500 ETF by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 39,068,508 shares of the company’s stock worth $24,501,033,000 after purchasing an additional 1,141,931 shares during the period. California Public Employees Retirement System increased its holdings in Vanguard S&P 500 ETF by 6.5% during the first quarter. California Public Employees Retirement System now owns 33,635,939 shares of the company’s stock valued at $20,099,155,000 after buying an additional 2,049,100 shares during the period. Raymond James Financial Inc. increased its holdings in Vanguard S&P 500 ETF by 3.6% during the fourth quarter. Raymond James Financial Inc. now owns 29,347,563 shares of the company’s stock valued at $18,404,737,000 after buying an additional 1,019,492 shares during the period. Bank of America Corp DE raised its stake in Vanguard S&P 500 ETF by 4.4% in the fourth quarter. Bank of America Corp DE now owns 27,086,989 shares of the company’s stock worth $16,987,064,000 after buying an additional 1,148,513 shares in the last quarter. Finally, Royal Bank of Canada raised its stake in Vanguard S&P 500 ETF by 496.2% in the fourth quarter. Royal Bank of Canada now owns 21,356,933 shares of the company’s stock worth $13,393,573,000 after buying an additional 17,774,521 shares in the last quarter.

Vanguard S&P 500 ETF Stock Down 0.1%

Vanguard S&P 500 ETF stock opened at $687.03 on Thursday. The business has a fifty day moving average of $685.45 and a two-hundred day moving average of $650.73. The firm has a market cap of $979.42 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a twelve month low of $569.29 and a twelve month high of $699.15.

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About Vanguard S&P 500 ETF

(Free Report)

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.

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Institutional Ownership by Quarter for Vanguard S&P 500 ETF (NYSEARCA:VOO)

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