Stokes Capital Advisors LLC Decreases Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Stokes Capital Advisors LLC lowered its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 35.9% in the first quarter, HoldingsChannel reports. The institutional investor owned 1,411 shares of the company’s stock after selling 790 shares during the period. Stokes Capital Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $725,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Independence Bank of Kentucky increased its stake in shares of Vanguard S&P 500 ETF by 0.9% in the first quarter. Independence Bank of Kentucky now owns 14,406 shares of the company’s stock worth $7,403,000 after acquiring an additional 124 shares during the period. City State Bank increased its stake in shares of Vanguard S&P 500 ETF by 32.1% in the first quarter. City State Bank now owns 2,038 shares of the company’s stock worth $1,047,000 after acquiring an additional 495 shares during the period. Congress Asset Management Co. increased its stake in shares of Vanguard S&P 500 ETF by 2.8% in the first quarter. Congress Asset Management Co. now owns 1,711 shares of the company’s stock worth $879,000 after acquiring an additional 46 shares during the period. Impact Capital Partners LLC increased its stake in shares of Vanguard S&P 500 ETF by 178.3% in the first quarter. Impact Capital Partners LLC now owns 1,155 shares of the company’s stock worth $594,000 after acquiring an additional 740 shares during the period. Finally, First National Corp MA ADV increased its stake in shares of Vanguard S&P 500 ETF by 3.6% in the first quarter. First National Corp MA ADV now owns 6,856 shares of the company’s stock worth $3,523,000 after acquiring an additional 236 shares during the period.

Vanguard S&P 500 ETF Price Performance

NYSEARCA:VOO opened at $550.66 on Friday. The firm has a market capitalization of $1.55 trillion, a P/E ratio of 25.72 and a beta of 1.01. The company’s fifty day moving average price is $514.10 and its 200-day moving average price is $533.61. Vanguard S&P 500 ETF has a 1-year low of $442.80 and a 1-year high of $563.92.

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.