Penobscot Wealth Management Has $2.41 Million Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Penobscot Wealth Management trimmed its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.7% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 4,719 shares of the company’s stock after selling 81 shares during the period. Vanguard S&P 500 ETF accounts for 1.4% of Penobscot Wealth Management’s investment portfolio, making the stock its 17th biggest holding. Penobscot Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $2,406,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in VOO. RAM Investment Partners LLC boosted its position in shares of Vanguard S&P 500 ETF by 4.4% in the second quarter. RAM Investment Partners LLC now owns 1,012 shares of the company’s stock worth $506,000 after buying an additional 43 shares during the period. Modera Wealth Management LLC lifted its stake in Vanguard S&P 500 ETF by 10.3% in the 2nd quarter. Modera Wealth Management LLC now owns 14,756 shares of the company’s stock worth $7,380,000 after acquiring an additional 1,374 shares in the last quarter. Main Street Research LLC boosted its position in Vanguard S&P 500 ETF by 3.0% during the 2nd quarter. Main Street Research LLC now owns 972 shares of the company’s stock worth $488,000 after acquiring an additional 28 shares during the period. Trust Co of Tennessee purchased a new position in Vanguard S&P 500 ETF during the 2nd quarter valued at about $42,755,000. Finally, Dechtman Wealth Management LLC increased its holdings in shares of Vanguard S&P 500 ETF by 6.9% in the 2nd quarter. Dechtman Wealth Management LLC now owns 152,246 shares of the company’s stock valued at $76,143,000 after purchasing an additional 9,767 shares during the period.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO stock traded up $4.83 during trading on Friday, hitting $518.04. 5,436,958 shares of the company were exchanged, compared to its average volume of 5,066,479. The business’s 50-day simple moving average is $504.23 and its 200 day simple moving average is $485.67. Vanguard S&P 500 ETF has a twelve month low of $375.95 and a twelve month high of $519.40. The firm has a market capitalization of $469.32 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00.

About Vanguard S&P 500 ETF

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.