Vanguard S&P 500 ETF $VOO Stock Position Cut by Sheets Smith Wealth Management

Sheets Smith Wealth Management trimmed its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.2% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 72,716 shares of the company’s stock after selling 1,632 shares during the period. Vanguard S&P 500 ETF accounts for about 5.0% of Sheets Smith Wealth Management’s investment portfolio, making the stock its 3rd biggest holding. Sheets Smith Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $49,942,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of VOO. Bill Few Associates Inc. grew its stake 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 worth $9,026,000 after acquiring an additional 3,064 shares during the last quarter. Glassman Wealth Services raised its position in shares of Vanguard S&P 500 ETF by 1.0% in 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 shares of Vanguard S&P 500 ETF in the 4th quarter worth about $5,677,000. Motley Fool Wealth Management LLC boosted 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 purchasing an additional 22,658 shares in the last quarter. Finally, Lyell Wealth Management LP boosted its stake 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 purchasing an additional 876 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO stock opened at $707.24 on Friday. The company has a market capitalization of $1.01 trillion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a one year low of $578.46 and a one year high of $716.39. The company’s 50-day moving average is $693.13 and its 200 day moving average is $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.