Martel Wealth Advisors Inc Sells 254 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Martel Wealth Advisors Inc reduced its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,713 shares of the company’s stock after selling 254 shares during the period. Vanguard S&P 500 ETF makes up approximately 0.4% of Martel Wealth Advisors Inc’s investment portfolio, making the stock its 24th biggest position. Martel Wealth Advisors Inc’s holdings in Vanguard S&P 500 ETF were worth $1,908,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Your Advocates Ltd. LLP bought a new position in Vanguard S&P 500 ETF in the 4th quarter valued at about $29,000. Asset Management One Co. Ltd. increased its holdings in Vanguard S&P 500 ETF by 185.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after buying an additional 37 shares during the period. Putney Financial Group LLC bought a new position in Vanguard S&P 500 ETF in the 4th quarter valued at about $42,000. Delos Wealth Advisors LLC increased its holdings in Vanguard S&P 500 ETF by 166.7% in the 4th quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock valued at $43,000 after buying an additional 50 shares during the period. Finally, Measured Risk Portfolios Inc. bought a new position in Vanguard S&P 500 ETF in the 4th quarter valued at about $48,000.

Vanguard S&P 500 ETF Stock Up 0.4%

NYSEARCA:VOO opened at $554.95 on Friday. The stock’s 50-day simple moving average is $519.52 and its 200 day simple moving average is $533.80. The firm has a market capitalization of $1.56 trillion, a PE ratio of 25.72 and a beta of 1.01. Vanguard S&P 500 ETF has a twelve month low of $442.80 and a twelve month high of $563.92.

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.