Cannon Financial Strategists Inc. Decreases Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Cannon Financial Strategists Inc. trimmed its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.2% during the fourth quarter, HoldingsChannel reports. The firm owned 3,895 shares of the company’s stock after selling 46 shares during the period. Vanguard S&P 500 ETF comprises about 0.4% of Cannon Financial Strategists Inc.’s investment portfolio, making the stock its 24th biggest holding. Cannon Financial Strategists Inc.’s holdings in Vanguard S&P 500 ETF were worth $2,099,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also bought and sold shares of the company. Graves Light Lenhart Wealth Inc. grew its position in shares of Vanguard S&P 500 ETF by 1.0% in the fourth quarter. Graves Light Lenhart Wealth Inc. now owns 1,948 shares of the company’s stock valued at $1,050,000 after purchasing an additional 19 shares during the last quarter. Retirement Financial Solutions LLC grew its position in shares of Vanguard S&P 500 ETF by 0.6% in the fourth quarter. Retirement Financial Solutions LLC now owns 3,316 shares of the company’s stock valued at $1,787,000 after purchasing an additional 19 shares during the last quarter. Merkkuri Wealth Advisors LLC grew its position in shares of Vanguard S&P 500 ETF by 3.4% in the third quarter. Merkkuri Wealth Advisors LLC now owns 601 shares of the company’s stock valued at $317,000 after purchasing an additional 20 shares during the last quarter. L. Roy Papp & Associates LLP grew its position in shares of Vanguard S&P 500 ETF by 4.5% in the third quarter. L. Roy Papp & Associates LLP now owns 461 shares of the company’s stock valued at $243,000 after purchasing an additional 20 shares during the last quarter. Finally, Catalyst Private Wealth LLC grew its position in shares of Vanguard S&P 500 ETF by 1.4% in the third quarter. Catalyst Private Wealth LLC now owns 1,494 shares of the company’s stock valued at $788,000 after purchasing an additional 20 shares during the last quarter.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $562.31 on Wednesday. The company’s 50 day simple moving average is $550.14 and its 200-day simple moving average is $534.76. The firm has a market capitalization of $509.43 billion, a PE ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $453.60 and a 12 month high of $562.31.

Vanguard S&P 500 ETF 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.