Vanguard S&P 500 ETF $VOO Stake Reduced by Wedbush Securities Inc.

Wedbush Securities Inc. cut its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.3% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 565,370 shares of the company’s stock after selling 38,191 shares during the period. Vanguard S&P 500 ETF makes up about 11.2% of Wedbush Securities Inc.’s investment portfolio, making the stock its largest holding. Wedbush Securities Inc.’s holdings in Vanguard S&P 500 ETF were worth $321,147,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Quaker Wealth Management LLC boosted its stake in Vanguard S&P 500 ETF by 248.4% during the 2nd quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock valued at $26,000 after purchasing an additional 77 shares during the last quarter. Bernard Wealth Management Corp. purchased a new stake in shares of Vanguard S&P 500 ETF during the second quarter valued at $30,000. Lord & Richards Wealth Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the first quarter valued at $40,000. Bay Harbor Wealth Management LLC increased 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 in the last quarter. Finally, Elevate Wealth Advisory Inc. raised its position 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 last quarter.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $616.89 on Friday. The company’s 50-day simple moving average is $611.72 and its two-hundred day simple moving average is $576.69. The stock has a market capitalization of $767.66 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 52-week low of $442.80 and a 52-week high of $634.13.

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.