Vanguard S&P 500 ETF $VOO is Capital Management Associates Inc’s 2nd Largest Position

Capital Management Associates Inc trimmed its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 39.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 45,729 shares of the company’s stock after selling 29,592 shares during the quarter. Vanguard S&P 500 ETF makes up 8.2% of Capital Management Associates Inc’s portfolio, making the stock its 2nd biggest position. Capital Management Associates Inc’s holdings in Vanguard S&P 500 ETF were worth $25,975,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Atala Financial Inc purchased a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth $28,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth $29,000. Bay Harbor Wealth Management LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 800.0% in the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after buying an additional 64 shares during the period. Lord & Richards Wealth Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth $40,000. Finally, Elevate Wealth Advisory Inc. lifted its holdings in shares of Vanguard S&P 500 ETF by 83.7% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock worth $47,000 after buying an additional 41 shares during the period.

Vanguard S&P 500 ETF Trading Up 0.6%

VOO opened at $618.77 on Thursday. The firm has a market cap of $766.50 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $618.90. The stock has a fifty day moving average price of $598.07 and a 200-day moving average price of $557.40.

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.