Resolute Advisors LLC Decreases Stock Position in Vanguard S&P 500 ETF $VOO

Resolute Advisors LLC trimmed its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.1% in the first quarter, HoldingsChannel reports. The firm owned 79,566 shares of the company’s stock after selling 3,413 shares during the period. Vanguard S&P 500 ETF makes up 19.7% of Resolute Advisors LLC’s portfolio, making the stock its biggest position. Resolute Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $47,545,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of VOO. Nvest Wealth Strategies Inc. acquired a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at $26,000. Camelot Portfolios LLC bought a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at about $27,000. United Community Bank acquired a new position in Vanguard S&P 500 ETF during the 4th quarter worth about $27,000. Quattro Advisors LLC bought a new stake in Vanguard S&P 500 ETF during the 4th quarter worth about $27,000. Finally, Creative Capital Management Investments LLC grew its holdings in Vanguard S&P 500 ETF by 900.0% during the 4th quarter. Creative Capital Management Investments LLC now owns 50 shares of the company’s stock worth $31,000 after acquiring an additional 45 shares during the last quarter.

Vanguard S&P 500 ETF Trading Down 0.1%

VOO opened at $682.21 on Tuesday. The stock has a market capitalization of $972.55 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $569.29 and a 1-year high of $699.15. The firm has a 50-day moving average price of $685.18 and a two-hundred day moving average price of $649.88.

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.