Vanguard S&P 500 ETF $VOO is Wedbush Securities Inc.’s Largest Position

Wedbush Securities Inc. trimmed its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 598,758 shares of the company’s stock after selling 1,693 shares during the quarter. Vanguard S&P 500 ETF makes up 10.6% of Wedbush Securities Inc.’s portfolio, making the stock its biggest holding. Wedbush Securities Inc.’s holdings in Vanguard S&P 500 ETF were worth $411,233,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Bill Few Associates Inc. raised its position in shares of Vanguard S&P 500 ETF by 30.4% in the second quarter. Bill Few Associates Inc. now owns 13,143 shares of the company’s stock valued at $9,026,000 after buying an additional 3,064 shares during the last quarter. Glassman Wealth Services boosted its position in Vanguard S&P 500 ETF by 1.0% during the first quarter. Glassman Wealth Services now owns 288,044 shares of the company’s stock worth $172,121,000 after acquiring an additional 2,991 shares during the last quarter. Fullerton Fund Management Co Ltd. acquired a new stake in Vanguard S&P 500 ETF during the fourth quarter worth approximately $5,677,000. Motley Fool Wealth Management LLC grew its stake 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 acquiring an additional 22,658 shares during the period. Finally, Lyell Wealth Management LP raised 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 valued at $7,341,000 after acquiring an additional 876 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO opened at $707.24 on Friday. Vanguard S&P 500 ETF has a fifty-two week low of $578.46 and a fifty-two week high of $716.39. The company has a market capitalization of $1.01 trillion, a PE ratio of 24.97 and a beta of 1.00. The stock has a fifty day moving average of $693.13 and a two-hundred day moving average of $662.96.

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.