Financial Advisory Partners LLC Reduces Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Financial Advisory Partners LLC lowered its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 678 shares of the company’s stock after selling 22 shares during the period. Financial Advisory Partners LLC’s holdings in Vanguard S&P 500 ETF were worth $358,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in shares of Vanguard S&P 500 ETF by 11.1% in the 1st quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock valued at $12,203,193,000 after acquiring an additional 2,546,192 shares during the last quarter. Raymond James & Associates boosted its holdings in Vanguard S&P 500 ETF by 0.4% in the second quarter. Raymond James & Associates now owns 23,105,510 shares of the company’s stock valued at $11,555,758,000 after purchasing an additional 98,106 shares during the last quarter. JPMorgan Chase & Co. boosted its holdings in Vanguard S&P 500 ETF by 95.8% in the first quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock valued at $10,212,930,000 after purchasing an additional 10,393,926 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Vanguard S&P 500 ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,542,242 shares of the company’s stock worth $6,272,751,000 after purchasing an additional 160,184 shares during the period. Finally, Strategic Financial Concepts LLC raised its stake in shares of Vanguard S&P 500 ETF by 32,889.4% during 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.

Vanguard S&P 500 ETF Stock Down 0.1 %

Shares of VOO traded down $0.78 during mid-day trading on Thursday, reaching $529.67. The company had a trading volume of 1,047,283 shares, compared to its average volume of 5,320,096. The stock has a market capitalization of $479.86 billion, a P/E ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 52-week low of $375.95 and a 52-week high of $531.03. The stock has a 50 day moving average of $511.23 and a two-hundred day moving average of $496.03.

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.