Midwest Financial Network LLC Sells 2,026 Shares of Vanguard S&P 500 ETF $VOO

Midwest Financial Network LLC reduced its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 15.3% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,181 shares of the company’s stock after selling 2,026 shares during the quarter. Vanguard S&P 500 ETF accounts for 5.3% of Midwest Financial Network LLC’s holdings, making the stock its 2nd largest position. Midwest Financial Network LLC’s holdings in Vanguard S&P 500 ETF were worth $6,681,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently bought and sold shares of the company. Red Door Wealth Management LLC increased its stake in shares of 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 purchasing an additional 1,498 shares in the last quarter. Glassman Wealth Services raised its position in shares of Vanguard S&P 500 ETF by 1.0% during the 1st quarter. Glassman Wealth Services now owns 288,044 shares of the company’s stock worth $172,121,000 after purchasing an additional 2,991 shares during the last quarter. Fullerton Fund Management Co Ltd. purchased a new position in Vanguard S&P 500 ETF in the 4th quarter valued at about $5,677,000. Motley Fool Wealth Management LLC boosted its holdings in Vanguard S&P 500 ETF by 89.9% in the 4th quarter. Motley Fool Wealth Management LLC now owns 47,848 shares of the company’s stock worth $30,007,000 after buying an additional 22,658 shares during the last quarter. Finally, Lyell Wealth Management LP boosted its holdings in Vanguard S&P 500 ETF by 8.1% in the 4th quarter. Lyell Wealth Management LP now owns 11,706 shares of the company’s stock worth $7,341,000 after buying an additional 876 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 0.7%

NYSEARCA:VOO opened at $686.65 on Friday. The stock has a 50 day moving average of $685.18 and a two-hundred day moving average of $652.85. Vanguard S&P 500 ETF has a 12 month low of $569.29 and a 12 month high of $699.15. The firm has a market cap of $978.88 billion, a P/E ratio of 24.97 and a beta of 1.00.

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.