Vanguard S&P 500 ETF $VOO Position Trimmed by JDM Financial Group LLC

JDM Financial Group LLC decreased its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 23.8% during the first quarter, HoldingsChannel reports. The firm owned 300,823 shares of the company’s stock after selling 93,795 shares during the quarter. Vanguard S&P 500 ETF makes up about 37.4% of JDM Financial Group LLC’s investment portfolio, making the stock its largest position. JDM Financial Group LLC’s holdings in Vanguard S&P 500 ETF were worth $179,757,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VOO. Brighton Jones LLC increased its position in shares of Vanguard S&P 500 ETF by 6.5% in the 4th quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after acquiring an additional 2,112 shares during the period. Bison Wealth LLC lifted its position in Vanguard S&P 500 ETF by 6.1% during the 4th quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock worth $2,581,000 after acquiring an additional 277 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in Vanguard S&P 500 ETF during the 1st quarter worth about $87,000. Wellington Capital Management Inc. purchased a new stake in Vanguard S&P 500 ETF during the 2nd quarter valued at about $332,000. Finally, United Bank purchased a new stake in Vanguard S&P 500 ETF during the 2nd quarter valued at about $264,000.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO stock opened at $681.79 on Friday. Vanguard S&P 500 ETF has a fifty-two week low of $569.29 and a fifty-two week high of $699.15. The firm has a market capitalization of $971.95 billion, a PE ratio of 24.97 and a beta of 1.00. The stock’s 50-day simple moving average is $685.16 and its 200-day simple moving average is $652.61.

Vanguard S&P 500 ETF Company Profile

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.