Vanguard S&P 500 ETF $VOO is Pinion Investment Advisors LLC’s Largest Position

Pinion Investment Advisors LLC decreased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 51.6% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 120,451 shares of the company’s stock after selling 128,571 shares during the period. Vanguard S&P 500 ETF accounts for 23.6% of Pinion Investment Advisors LLC’s investment portfolio, making the stock its biggest holding. Pinion Investment Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $68,420,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Atala Financial Inc purchased a new stake in shares of Vanguard S&P 500 ETF during the 1st quarter worth approximately $28,000. Redmont Wealth Advisors LLC bought a new position in Vanguard S&P 500 ETF in the 1st quarter worth approximately $29,000. Lord & Richards Wealth Management LLC bought a new position in Vanguard S&P 500 ETF in the 1st quarter worth approximately $40,000. Bay Harbor Wealth Management LLC boosted its holdings in 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 buying an additional 64 shares during the period. Finally, Elevate Wealth Advisory Inc. boosted its holdings in 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 buying an additional 41 shares during the period.

Vanguard S&P 500 ETF Trading Down 2.7%

VOO opened at $600.51 on Friday. The company has a 50 day moving average of $599.37 and a 200 day moving average of $558.49. The company has a market cap of $747.28 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $619.60.

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.