Wellington Shields Capital Management LLC Sells 5,423 Shares of Vanguard S&P 500 ETF $VOO

Wellington Shields Capital Management LLC lessened its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 40.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,133 shares of the company’s stock after selling 5,423 shares during the quarter. Wellington Shields Capital Management LLC’s holdings in Vanguard S&P 500 ETF were worth $4,981,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VOO. Quaker Wealth Management LLC boosted its position in shares of Vanguard S&P 500 ETF by 248.4% during the second quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after buying an additional 77 shares during the period. Front Row Advisors LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 900.0% in the 2nd quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock valued at $28,000 after buying an additional 45 shares during the last quarter. Bernard Wealth Management Corp. acquired a new stake in shares of Vanguard S&P 500 ETF in the 2nd quarter valued at approximately $30,000. Corundum Trust Company INC acquired a new stake in Vanguard S&P 500 ETF in the third quarter valued at $37,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in Vanguard S&P 500 ETF in the 3rd quarter valued at about $45,000.

Vanguard S&P 500 ETF Trading Up 1.9%

Shares of NYSEARCA VOO opened at $635.24 on Friday. The stock has a 50 day moving average of $631.84 and a 200-day moving average of $614.23. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $641.81. The company has a market capitalization of $850.09 billion, a P/E ratio of 24.97 and a beta of 1.00.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.