Concorde Asset Management LLC Decreases Stake in Vanguard S&P 500 ETF $VOO

Concorde Asset Management LLC lessened its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 5.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 1,225 shares of the company’s stock after selling 77 shares during the quarter. Concorde Asset Management LLC’s holdings in Vanguard S&P 500 ETF were worth $612,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Vanguard S&P 500 ETF by 0.9% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 807,691 shares of the company’s stock valued at $415,080,000 after buying an additional 7,255 shares during the period. Retirement Solution LLC boosted its stake in shares of Vanguard S&P 500 ETF by 31.2% in the 1st quarter. Retirement Solution LLC now owns 1,631 shares of the company’s stock valued at $838,000 after buying an additional 388 shares during the period. Manning & Napier Advisors LLC lifted its stake in Vanguard S&P 500 ETF by 16.0% during the first quarter. Manning & Napier Advisors LLC now owns 154,170 shares of the company’s stock worth $79,230,000 after purchasing an additional 21,254 shares during the last quarter. Viewpoint Investment Partners Corp lifted its stake in Vanguard S&P 500 ETF by 0.4% during the first quarter. Viewpoint Investment Partners Corp now owns 6,318 shares of the company’s stock worth $3,247,000 after purchasing an additional 28 shares during the last quarter. Finally, Carolina Wealth Advisors LLC acquired a new position in Vanguard S&P 500 ETF in the first quarter valued at approximately $264,000.

Vanguard S&P 500 ETF Stock Up 0.5%

Shares of Vanguard S&P 500 ETF stock opened at $591.72 on Thursday. The firm has a market capitalization of $710.97 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $597.07. The firm’s 50 day moving average is $581.62 and its two-hundred day moving average is $544.60.

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.