Summit Wealth Group LLC Decreases Stock Position in Vanguard S&P 500 ETF $VOO

Summit Wealth Group LLC decreased its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.4% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 120,996 shares of the company’s stock after selling 1,747 shares during the quarter. Vanguard S&P 500 ETF makes up 17.9% of Summit Wealth Group LLC’s holdings, making the stock its largest holding. Summit Wealth Group LLC’s holdings in Vanguard S&P 500 ETF were worth $74,095,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of VOO. Vanguard Group Inc. boosted its stake in shares of Vanguard S&P 500 ETF by 6.7% in the second quarter. Vanguard Group Inc. now owns 36,763,979 shares of the company’s stock worth $20,883,043,000 after acquiring an additional 2,313,230 shares during the period. California Public Employees Retirement System lifted its holdings in Vanguard S&P 500 ETF by 17.9% in the 2nd quarter. California Public Employees Retirement System now owns 25,883,852 shares of the company’s stock worth $14,702,804,000 after purchasing an additional 3,931,698 shares in the last quarter. Bank of America Corp DE boosted its stake in Vanguard S&P 500 ETF by 2.2% in the 2nd quarter. Bank of America Corp DE now owns 25,095,520 shares of the company’s stock worth $14,255,008,000 after purchasing an additional 538,659 shares during the period. Envestnet Asset Management Inc. grew its holdings in Vanguard S&P 500 ETF by 1.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 11,926,171 shares of the company’s stock valued at $6,774,413,000 after buying an additional 146,269 shares in the last quarter. Finally, Jones Financial Companies Lllp grew its holdings in Vanguard S&P 500 ETF by 13.8% during the 1st quarter. Jones Financial Companies Lllp now owns 10,685,240 shares of the company’s stock valued at $5,458,770,000 after buying an additional 1,297,545 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

Vanguard S&P 500 ETF stock opened at $634.06 on Friday. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $638.22. The firm’s 50 day moving average price is $625.13 and its 200-day moving average price is $604.79. The stock has a market cap of $848.51 billion, a P/E ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF 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.