Vanguard S&P 500 ETF $VOO Shares Sold by Texas Capital Bank Wealth Management Services Inc

Texas Capital Bank Wealth Management Services Inc trimmed its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.1% in the first quarter, Holdings Channel.com reports. The institutional investor owned 612,462 shares of the company’s stock after selling 26,270 shares during the quarter. Vanguard S&P 500 ETF makes up 31.8% of Texas Capital Bank Wealth Management Services Inc’s holdings, making the stock its biggest holding. Texas Capital Bank Wealth Management Services Inc’s holdings in Vanguard S&P 500 ETF were worth $314,750,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of VOO. Atala Financial Inc purchased a new position in Vanguard S&P 500 ETF during the first quarter worth about $28,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the first quarter valued at about $29,000. Lord & Richards Wealth Management LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the first quarter valued at about $40,000. Putney Financial Group LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at about $42,000. Finally, Measured Risk Portfolios Inc. acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at about $48,000.

Vanguard S&P 500 ETF Price Performance

Shares of VOO opened at $591.36 on Tuesday. Vanguard S&P 500 ETF has a 1-year low of $442.80 and a 1-year high of $594.03. The stock has a market cap of $710.54 billion, a PE ratio of 24.97 and a beta of 1.00. The firm has a 50-day simple moving average of $572.41 and a two-hundred day simple moving average of $541.47.

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.