Phillips Financial Management LLC Trims Stock Holdings in Vanguard S&P 500 Value ETF $VOOV

Phillips Financial Management LLC trimmed its holdings in shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) by 14.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 71,681 shares of the company’s stock after selling 12,173 shares during the quarter. Vanguard S&P 500 Value ETF accounts for approximately 1.2% of Phillips Financial Management LLC’s holdings, making the stock its 8th biggest holding. Phillips Financial Management LLC’s holdings in Vanguard S&P 500 Value ETF were worth $15,713,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VOOV. Corient Private Wealth LLC grew its position in Vanguard S&P 500 Value ETF by 97.7% in the second quarter. Corient Private Wealth LLC now owns 797,068 shares of the company’s stock worth $150,415,000 after acquiring an additional 393,914 shares in the last quarter. Bank of America Corp DE raised its position in Vanguard S&P 500 Value ETF by 11.3% during the second quarter. Bank of America Corp DE now owns 2,036,566 shares of the company’s stock valued at $384,320,000 after purchasing an additional 207,474 shares during the period. Align Financial LLC purchased a new stake in Vanguard S&P 500 Value ETF during the fourth quarter valued at approximately $20,898,000. Raymond James Financial Inc. raised its position in Vanguard S&P 500 Value ETF by 30.7% during the third quarter. Raymond James Financial Inc. now owns 320,771 shares of the company’s stock valued at $63,984,000 after purchasing an additional 75,327 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of Vanguard S&P 500 Value ETF by 13.9% in the 4th quarter. JPMorgan Chase & Co. now owns 583,726 shares of the company’s stock valued at $119,576,000 after purchasing an additional 71,121 shares during the last quarter.

Vanguard S&P 500 Value ETF Stock Performance

Shares of Vanguard S&P 500 Value ETF stock opened at $229.87 on Friday. The stock has a market cap of $6.78 billion, a price-to-earnings ratio of 20.05 and a beta of 0.82. The stock has a 50 day moving average price of $222.63 and a 200-day moving average price of $215.68. Vanguard S&P 500 Value ETF has a one year low of $193.80 and a one year high of $230.10.

About Vanguard S&P 500 Value ETF

The Vanguard S&P 500 Value ETF (VOOV) is an exchange-traded fund that is based on the S&P 500 Value index. The fund tracks an index of large- and mid-cap value-style securities from the Committee-selected S&P 500. VOOV was launched on Sep 7, 2010 and is managed by Vanguard.