Vanguard S&P 500 ETF $VOO is NewEdge Advisors LLC’s 2nd Largest Position

NewEdge Advisors LLC lowered its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 28.2% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 432,004 shares of the company’s stock after selling 169,447 shares during the period. Vanguard S&P 500 ETF comprises 5.0% of NewEdge Advisors LLC’s portfolio, making the stock its 2nd largest holding. NewEdge Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $258,144,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC boosted its stake in shares of Vanguard S&P 500 ETF by 6.5% during the 4th quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock worth $18,602,000 after acquiring an additional 2,112 shares in the last quarter. Bison Wealth LLC increased its stake in Vanguard S&P 500 ETF by 6.1% in the 4th quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock valued at $2,581,000 after purchasing an additional 277 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Vanguard S&P 500 ETF during the first quarter worth $87,000. Wellington Capital Management Inc. acquired a new position in Vanguard S&P 500 ETF during the second quarter worth $332,000. Finally, United Bank acquired a new stake in Vanguard S&P 500 ETF in the second quarter valued at $264,000.

Vanguard S&P 500 ETF Stock Down 1.5%

NYSEARCA:VOO opened at $670.63 on Thursday. The company has a market capitalization of $956.04 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 52-week low of $569.29 and a 52-week high of $699.15. The stock has a fifty day simple moving average of $685.18 and a 200-day simple moving average of $652.31.

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.