Gateway Wealth Partners LLC Has $891,000 Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Gateway Wealth Partners LLC lowered its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 9.4% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 1,781 shares of the company’s stock after selling 184 shares during the period. Gateway Wealth Partners LLC’s holdings in Vanguard S&P 500 ETF were worth $891,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in VOO. JPMorgan Chase & Co. grew its holdings in Vanguard S&P 500 ETF by 95.8% in the 1st quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock valued at $10,212,930,000 after buying an additional 10,393,926 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in Vanguard S&P 500 ETF by 32,889.4% in the 2nd quarter. Strategic Financial Concepts LLC now owns 7,252,393 shares of the company’s stock valued at $3,627,139,000 after buying an additional 7,230,409 shares during the last quarter. Global Assets Advisory LLC acquired a new stake in Vanguard S&P 500 ETF in the 1st quarter valued at approximately $1,635,464,000. Steel Grove Capital Advisors LLC grew its holdings in Vanguard S&P 500 ETF by 557.5% in the 1st quarter. Steel Grove Capital Advisors LLC now owns 3,560,049 shares of the company’s stock valued at $1,711,316,000 after buying an additional 3,018,626 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Vanguard S&P 500 ETF by 11.1% during the 1st quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock worth $12,203,193,000 after purchasing an additional 2,546,192 shares in the last quarter.

Vanguard S&P 500 ETF Trading Down 0.4 %

Shares of NYSEARCA:VOO opened at $525.38 on Monday. Vanguard S&P 500 ETF has a 1-year low of $375.95 and a 1-year high of $529.92. The firm has a market capitalization of $475.97 billion, a PE ratio of 25.04 and a beta of 1.00. The business’s 50 day moving average is $507.53 and its 200-day moving average is $493.40.

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.