Vanguard S&P 500 ETF $VOO Stake Reduced by Merit Financial Group LLC

Merit Financial Group LLC lessened its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.8% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 294,519 shares of the company’s stock after selling 5,331 shares during the period. Vanguard S&P 500 ETF accounts for about 1.7% of Merit Financial Group LLC’s portfolio, making the stock its 7th biggest position. Merit Financial Group LLC’s holdings in Vanguard S&P 500 ETF were worth $180,357,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its position in Vanguard S&P 500 ETF by 3.2% during the third quarter. Vanguard Group Inc. now owns 37,926,577 shares of the company’s stock valued at $23,225,477,000 after purchasing an additional 1,162,598 shares during the period. California Public Employees Retirement System lifted its holdings in shares of 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 valued at $14,702,804,000 after buying an additional 3,931,698 shares during the period. Bank of America Corp DE grew its holdings in Vanguard S&P 500 ETF by 2.2% during the second quarter. Bank of America Corp DE now owns 25,095,520 shares of the company’s stock worth $14,255,008,000 after acquiring an additional 538,659 shares during the period. Jones Financial Companies Lllp raised its position in Vanguard S&P 500 ETF by 4.6% during the third quarter. Jones Financial Companies Lllp now owns 13,791,786 shares of the company’s stock valued at $8,415,795,000 after acquiring an additional 606,315 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its holdings in Vanguard S&P 500 ETF by 1.2% in the second quarter. Envestnet Asset Management Inc. now owns 11,926,171 shares of the company’s stock valued at $6,774,413,000 after acquiring an additional 146,269 shares during the period.

Vanguard S&P 500 ETF Trading Down 0.5%

Vanguard S&P 500 ETF stock opened at $634.94 on Thursday. The firm has a market cap of $849.69 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $640.16. The stock’s 50 day simple moving average is $626.16 and its two-hundred day simple moving average is $607.25.

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.