SVB Wealth LLC Cuts Stake in Vanguard S&P 500 ETF $VOO

SVB Wealth LLC reduced its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 8.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 33,191 shares of the company’s stock after selling 3,056 shares during the period. Vanguard S&P 500 ETF comprises approximately 1.1% of SVB Wealth LLC’s portfolio, making the stock its 19th biggest holding. SVB Wealth LLC’s holdings in Vanguard S&P 500 ETF were worth $20,325,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in VOO. Vanguard Group Inc. increased its holdings in shares of Vanguard S&P 500 ETF by 6.7% in the second quarter. Vanguard Group Inc. now owns 36,763,979 shares of the company’s stock worth $20,883,043,000 after buying an additional 2,313,230 shares during the period. California Public Employees Retirement System grew its position in Vanguard S&P 500 ETF by 17.9% during the 2nd quarter. California Public Employees Retirement System now owns 25,883,852 shares of the company’s stock worth $14,702,804,000 after acquiring an additional 3,931,698 shares during the last quarter. Bank of America Corp DE increased its stake in Vanguard S&P 500 ETF by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 25,095,520 shares of the company’s stock worth $14,255,008,000 after purchasing an additional 538,659 shares during the period. Jones Financial Companies Lllp lifted its position in Vanguard S&P 500 ETF by 4.6% in the third quarter. Jones Financial Companies Lllp now owns 13,791,786 shares of the company’s stock valued at $8,415,795,000 after purchasing an additional 606,315 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Vanguard S&P 500 ETF by 1.2% during the second quarter. Envestnet Asset Management Inc. now owns 11,926,171 shares of the company’s stock valued at $6,774,413,000 after purchasing an additional 146,269 shares during the period.

Vanguard S&P 500 ETF Stock Up 0.5%

Shares of NYSEARCA VOO opened at $638.23 on Tuesday. The company has a market cap of $854.09 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The firm’s fifty day moving average is $632.09 and its 200 day moving average is $615.09. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $641.81.

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.