Paragon Private Wealth Management LLC Reduces Stock Position in Vanguard S&P 500 ETF $VOO

Paragon Private Wealth Management LLC trimmed its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 49.8% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,214 shares of the company’s stock after selling 3,187 shares during the period. Paragon Private Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $1,921,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of VOO. Red Door Wealth Management LLC raised its position in Vanguard S&P 500 ETF by 4.4% during the fourth quarter. Red Door Wealth Management LLC now owns 35,266 shares of the company’s stock worth $22,116,000 after acquiring an additional 1,498 shares during the last quarter. Glassman Wealth Services grew its position in shares of Vanguard S&P 500 ETF by 1.0% in the first quarter. Glassman Wealth Services now owns 288,044 shares of the company’s stock valued at $172,121,000 after purchasing an additional 2,991 shares during the last quarter. Fullerton Fund Management Co Ltd. purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $5,677,000. Motley Fool Wealth Management LLC increased its stake in shares of Vanguard S&P 500 ETF by 89.9% during the 4th quarter. Motley Fool Wealth Management LLC now owns 47,848 shares of the company’s stock worth $30,007,000 after purchasing an additional 22,658 shares in the last quarter. Finally, Lyell Wealth Management LP increased its stake in shares of Vanguard S&P 500 ETF by 8.1% during the 4th quarter. Lyell Wealth Management LP now owns 11,706 shares of the company’s stock worth $7,341,000 after purchasing an additional 876 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

VOO stock opened at $670.63 on Thursday. The stock’s 50 day moving average price is $685.18 and its 200 day moving average price is $652.31. The firm has a market cap of $956.04 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $569.29 and a 1 year high of $699.15.

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.