Penobscot Wealth Management Sells 366 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Penobscot Wealth Management reduced its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,488 shares of the company’s stock after selling 366 shares during the period. Vanguard S&P 500 ETF accounts for 1.1% of Penobscot Wealth Management’s holdings, making the stock its 18th biggest holding. Penobscot Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $2,418,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in VOO. Your Advocates Ltd. LLP acquired a new position in shares of Vanguard S&P 500 ETF during the fourth quarter valued at about $29,000. Asset Management One Co. Ltd. boosted its stake in Vanguard S&P 500 ETF by 185.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after acquiring an additional 37 shares during the last quarter. Prospera Private Wealth LLC purchased a new position in Vanguard S&P 500 ETF in the third quarter valued at about $46,000. Urban Financial Advisory Corp purchased a new position in Vanguard S&P 500 ETF in the third quarter valued at about $51,000. Finally, Sherman Asset Management Inc. purchased a new position in Vanguard S&P 500 ETF in the fourth quarter valued at about $52,000.

Vanguard S&P 500 ETF Stock Up 0.5 %

NYSEARCA VOO opened at $513.76 on Thursday. The company’s 50 day moving average is $546.66 and its 200-day moving average is $538.84. Vanguard S&P 500 ETF has a 12-month low of $453.90 and a 12-month high of $563.92. The firm has a market cap of $1.37 trillion, a P/E ratio of 26.67 and a beta of 1.01.

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.