Vanguard S&P 500 ETF $VOO is Precision Wealth Strategies LLC’s Largest Position

Precision Wealth Strategies LLC reduced its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 62,553 shares of the company’s stock after selling 5,124 shares during the period. Vanguard S&P 500 ETF comprises 12.4% of Precision Wealth Strategies LLC’s portfolio, making the stock its largest holding. Precision Wealth Strategies LLC’s holdings in Vanguard S&P 500 ETF were worth $38,306,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Quaker Wealth Management LLC lifted its position in Vanguard S&P 500 ETF by 248.4% during the second quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock valued at $26,000 after purchasing an additional 77 shares in the last quarter. Front Row Advisors LLC lifted its position in shares of Vanguard S&P 500 ETF by 900.0% during the 2nd quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock valued at $28,000 after buying an additional 45 shares in the last quarter. Bernard Wealth Management Corp. bought a new position in shares of Vanguard S&P 500 ETF during the 2nd quarter valued at approximately $30,000. Bay Harbor Wealth Management LLC grew its stake in shares of Vanguard S&P 500 ETF by 800.0% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock valued at $41,000 after acquiring an additional 64 shares during the period. Finally, Legacy Investment Solutions LLC purchased a new stake in Vanguard S&P 500 ETF in the 2nd quarter worth approximately $55,000.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA:VOO opened at $634.78 on Friday. The firm’s 50 day simple moving average is $623.12 and its two-hundred day simple moving average is $599.19. The company has a market capitalization of $789.93 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $442.80 and a 1-year high of $635.32.

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