Vanguard S&P 500 ETF (NYSEARCA:VOO) is Sterling Group Wealth Management LLC’s Largest Position

Sterling Group Wealth Management LLC lowered its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 86.1% in the first quarter, HoldingsChannel reports. The institutional investor owned 2,314 shares of the company’s stock after selling 14,282 shares during the period. Vanguard S&P 500 ETF makes up 68.3% of Sterling Group Wealth Management LLC’s holdings, making the stock its biggest position. Sterling Group Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $1,112,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also made changes to their positions in VOO. Life Planning Partners Inc acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at $25,000. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at $25,000. Element Wealth LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at $35,000. Creekmur Asset Management LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at $37,000. Finally, Woodard & Co. Asset Management Group Inc. ADV acquired a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at $52,000.

Vanguard S&P 500 ETF Price Performance

NYSEARCA:VOO traded down $3.11 during mid-day trading on Friday, reaching $500.74. The company’s stock had a trading volume of 3,674,467 shares, compared to its average volume of 5,161,443. The company’s fifty day simple moving average is $483.22 and its two-hundred day simple moving average is $465.34. Vanguard S&P 500 ETF has a twelve month low of $375.95 and a twelve month high of $505.74. The stock has a market cap of $453.65 billion, a P/E ratio of 25.04 and a beta of 1.00.

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.