Corundum Group Inc. Decreases Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Corundum Group Inc. lowered its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 48.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,461 shares of the company’s stock after selling 2,274 shares during the period. Corundum Group Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,299,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. increased its stake in Vanguard S&P 500 ETF by 11.1% in the first quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock valued at $12,203,193,000 after purchasing an additional 2,546,192 shares during the last quarter. Raymond James & Associates raised its position in Vanguard S&P 500 ETF by 1.2% in the 3rd quarter. Raymond James & Associates now owns 23,383,328 shares of the company’s stock valued at $12,338,681,000 after purchasing an additional 277,818 shares during the last quarter. JPMorgan Chase & Co. grew its position in Vanguard S&P 500 ETF by 95.8% during the 1st quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock worth $10,212,930,000 after purchasing an additional 10,393,926 shares during the last quarter. Envestnet Asset Management Inc. lifted its position in Vanguard S&P 500 ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,542,242 shares of the company’s stock worth $6,272,751,000 after acquiring an additional 160,184 shares during the period. Finally, Strategic Financial Concepts LLC raised its position in Vanguard S&P 500 ETF by 32,889.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 7,252,393 shares of the company’s stock worth $3,627,139,000 after buying an additional 7,230,409 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 0.4 %

Shares of VOO stock opened at $537.36 on Monday. Vanguard S&P 500 ETF has a 12-month low of $375.95 and a 12-month high of $538.76. The company has a market cap of $486.83 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. The stock has a 50 day simple moving average of $518.07 and a 200-day simple moving average of $498.88.

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.