Procyon Advisors LLC Lowers Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Procyon Advisors LLC decreased its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 64.2% in the third quarter, Holdings Channel reports. The institutional investor owned 2,365 shares of the company’s stock after selling 4,246 shares during the quarter. Procyon Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $1,248,000 as of its most recent SEC filing.

Several other hedge funds have also added to or reduced their stakes in the stock. Accelerate Investment Advisors LLC bought a new stake in Vanguard S&P 500 ETF in the third quarter worth $1,847,000. VitalStone Financial LLC raised its stake in shares of Vanguard S&P 500 ETF by 31.0% in the third quarter. VitalStone Financial LLC now owns 5,587 shares of the company’s stock worth $2,948,000 after purchasing an additional 1,323 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. raised its stake in shares of Vanguard S&P 500 ETF by 20.4% in the third quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,625 shares of the company’s stock worth $858,000 after purchasing an additional 275 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its stake in shares of Vanguard S&P 500 ETF by 12.1% in the third quarter. Redhawk Wealth Advisors Inc. now owns 2,755 shares of the company’s stock worth $1,454,000 after purchasing an additional 297 shares during the last quarter. Finally, Lake Hills Wealth Management LLC raised its stake in shares of Vanguard S&P 500 ETF by 33.7% in the third quarter. Lake Hills Wealth Management LLC now owns 1,527 shares of the company’s stock worth $806,000 after purchasing an additional 385 shares during the last quarter.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $537.09 on Tuesday. Vanguard S&P 500 ETF has a 1-year low of $375.95 and a 1-year high of $537.98. The business has a fifty day moving average price of $513.93 and a 200-day moving average price of $497.29. The stock has a market capitalization of $486.58 billion, a P/E 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.