Meridian Wealth Management LLC lessened its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 1,821 shares of the company’s stock after selling 52 shares during the quarter. Meridian Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $473,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Phocas Financial Corp. acquired a new stake in Vanguard S&P 500 ETF in the 4th quarter valued at about $27,000. Evensky & Katz LLC acquired a new stake in Vanguard S&P 500 ETF in the 1st quarter valued at about $31,000. Vigilant Capital Management LLC lifted its holdings in Vanguard S&P 500 ETF by 89.2% in the 1st quarter. Vigilant Capital Management LLC now owns 140 shares of the company’s stock valued at $36,000 after acquiring an additional 66 shares during the last quarter. Bremer Bank National Association acquired a new stake in Vanguard S&P 500 ETF in the 1st quarter valued at about $39,000. Finally, St. Johns Investment Management Company LLC acquired a new stake in Vanguard S&P 500 ETF in the 1st quarter valued at about $40,000.

VOO stock traded down $0.40 during mid-day trading on Friday, reaching $265.62. 1,203,334 shares of the stock traded hands, compared to its average volume of 2,971,468. Vanguard S&P 500 ETF has a 52-week low of $214.83 and a 52-week high of $270.86.

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Vanguard S&P 500 ETF 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.

See Also: Stock Split

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

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