Peak Financial Management Inc. Reduces Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Peak Financial Management Inc. cut its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.9% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 32,768 shares of the company’s stock after selling 1,332 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 5.3% of Peak Financial Management Inc.’s investment portfolio, making the stock its 4th largest holding. Peak Financial Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $17,656,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of VOO. Marquette Asset Management LLC purchased a new stake in Vanguard S&P 500 ETF in the third quarter valued at about $36,000. Prospera Private Wealth LLC acquired a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at about $46,000. Urban Financial Advisory Corp acquired a new position in shares of Vanguard S&P 500 ETF during the third quarter valued at about $51,000. Kennebec Savings Bank acquired a new stake in Vanguard S&P 500 ETF in the 3rd quarter worth approximately $51,000. Finally, Sugar Maple Asset Management LLC acquired a new stake in Vanguard S&P 500 ETF in the 4th quarter worth approximately $53,000.

Vanguard S&P 500 ETF Trading Down 0.3 %

NYSEARCA VOO opened at $559.01 on Monday. Vanguard S&P 500 ETF has a 12-month low of $443.75 and a 12-month high of $561.66. The company has a fifty day simple moving average of $548.56 and a two-hundred day simple moving average of $528.61. The stock has a market cap of $506.44 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.