USAdvisors Wealth Management LLC Decreases Stock Holdings in Vanguard S&P 500 ETF $VOO

USAdvisors Wealth Management LLC reduced its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 1,014 shares of the company’s stock after selling 46 shares during the period. USAdvisors Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $576,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Afbi LP purchased a new position in shares of Vanguard S&P 500 ETF in the first quarter valued at $20,494,431,000. Vanguard Group Inc. boosted its stake in shares of Vanguard S&P 500 ETF by 5.9% in the first quarter. Vanguard Group Inc. now owns 34,450,749 shares of the company’s stock valued at $17,704,584,000 after purchasing an additional 1,933,389 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Vanguard S&P 500 ETF by 23.9% in the first quarter. JPMorgan Chase & Co. now owns 29,230,561 shares of the company’s stock valued at $15,021,878,000 after purchasing an additional 5,647,924 shares during the period. Raymond James Financial Inc. boosted its stake in shares of Vanguard S&P 500 ETF by 0.9% in the first quarter. Raymond James Financial Inc. now owns 26,653,704 shares of the company’s stock valued at $13,697,605,000 after purchasing an additional 238,402 shares during the period. Finally, Goldman Sachs Group Inc. boosted its stake in shares of Vanguard S&P 500 ETF by 2.9% in the first quarter. Goldman Sachs Group Inc. now owns 13,225,319 shares of the company’s stock valued at $6,796,624,000 after purchasing an additional 373,546 shares during the period.

Vanguard S&P 500 ETF Trading Up 0.0%

Shares of VOO stock opened at $615.30 on Friday. The company has a market capitalization of $762.20 billion, a PE ratio of 24.97 and a beta of 1.00. The firm has a fifty day simple moving average of $596.09 and a 200-day simple moving average of $555.64. Vanguard S&P 500 ETF has a twelve month low of $442.80 and a twelve month high of $618.42.

Vanguard S&P 500 ETF Company 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.