PFG Advisors Lowers Stock Holdings in Vanguard S&P 500 ETF $VOO

PFG Advisors cut its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 93.3% in the 3rd quarter, HoldingsChannel reports. The fund owned 45,676 shares of the company’s stock after selling 631,747 shares during the quarter. Vanguard S&P 500 ETF makes up 1.1% of PFG Advisors’ investment portfolio, making the stock its 9th largest position. PFG Advisors’ holdings in Vanguard S&P 500 ETF were worth $27,971,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in VOO. Front Row Advisors LLC increased its stake in shares of Vanguard S&P 500 ETF by 900.0% during the second quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock worth $28,000 after purchasing an additional 45 shares during the period. Clear Investment Research LLC bought a new stake in Vanguard S&P 500 ETF in the 3rd quarter valued at $28,000. Redmont Wealth Advisors LLC acquired a new position in Vanguard S&P 500 ETF in the 3rd quarter valued at $29,000. Corundum Trust Company INC acquired a new position in Vanguard S&P 500 ETF in the 3rd quarter valued at $37,000. Finally, Cedar Mountain Advisors LLC bought a new position in Vanguard S&P 500 ETF during the 3rd quarter worth $45,000.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $618.43 on Monday. Vanguard S&P 500 ETF has a fifty-two week low of $442.80 and a fifty-two week high of $641.81. The company has a market capitalization of $827.60 billion, a P/E ratio of 24.97 and a beta of 1.00. The stock has a fifty day moving average of $632.54 and a 200-day moving average of $621.12.

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.