Wellington Shields Capital Management LLC Has $4.98 Million Stock Position in Vanguard S&P 500 ETF $VOO

Wellington Shields Capital Management LLC lessened its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 40.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 8,133 shares of the company’s stock after selling 5,423 shares during the quarter. Wellington Shields Capital Management LLC’s holdings in Vanguard S&P 500 ETF were worth $4,981,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in VOO. Quaker Wealth Management LLC boosted its stake in Vanguard S&P 500 ETF by 248.4% in the second quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock valued at $26,000 after acquiring an additional 77 shares during the last quarter. Front Row Advisors LLC raised 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 acquiring an additional 45 shares during the last quarter. Bernard Wealth Management Corp. acquired a new position in shares of Vanguard S&P 500 ETF in the 2nd quarter valued at $30,000. Corundum Trust Company INC bought a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter worth $37,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the third quarter worth $45,000.

Vanguard S&P 500 ETF Trading Up 1.9%

NYSEARCA:VOO opened at $635.24 on Friday. Vanguard S&P 500 ETF has a 1-year low of $442.80 and a 1-year high of $641.81. The firm has a market capitalization of $850.09 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The business’s 50-day moving average price is $631.84 and its two-hundred day moving average price is $614.23.

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