GM Advisory Group LLC Sells 1,975 Shares of Vanguard S&P 500 ETF $VOO

GM Advisory Group LLC cut its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 10.4% in the third quarter, HoldingsChannel.com reports. The fund owned 16,990 shares of the company’s stock after selling 1,975 shares during the period. GM Advisory Group LLC’s holdings in Vanguard S&P 500 ETF were worth $10,404,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently made changes to their positions in the company. Front Row Advisors LLC boosted its holdings in Vanguard S&P 500 ETF by 900.0% in the second quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock worth $28,000 after purchasing an additional 45 shares during the last quarter. Clear Investment Research LLC purchased a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at $28,000. Redmont Wealth Advisors LLC purchased a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at $29,000. Corundum Trust Company INC bought a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at $37,000. Finally, Turning Point Benefit Group Inc. bought a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at $41,000.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $616.89 on Wednesday. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $641.81. The company has a market cap of $825.53 billion, a P/E ratio of 24.97 and a beta of 1.00. The stock’s fifty day moving average price is $630.67 and its 200-day moving average price is $622.36.

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.