Standpoint Asset Management LLC Trims Stock Holdings in Vanguard S&P 500 ETF $VOO

Standpoint Asset Management LLC decreased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 15.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 118,600 shares of the company’s stock after selling 21,200 shares during the period. Vanguard S&P 500 ETF accounts for approximately 16.4% of Standpoint Asset Management LLC’s holdings, making the stock its biggest holding. Standpoint Asset Management LLC’s holdings in Vanguard S&P 500 ETF were worth $72,628,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Johnson Investment Counsel Inc. raised its position in Vanguard S&P 500 ETF by 17.8% during the third quarter. Johnson Investment Counsel Inc. now owns 71,236 shares of the company’s stock valued at $43,624,000 after purchasing an additional 10,741 shares during the period. Continental Investors Services Inc. bought a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at approximately $216,000. Prospera Financial Services Inc raised its holdings in Vanguard S&P 500 ETF by 0.4% during the 3rd quarter. Prospera Financial Services Inc now owns 48,198 shares of the company’s stock valued at $29,569,000 after buying an additional 210 shares during the period. Proactive Wealth Strategies LLC bought a new stake in Vanguard S&P 500 ETF in the third quarter worth $213,000. Finally, Oppenheimer & Co. Inc. increased its position in Vanguard S&P 500 ETF by 9.3% during the third quarter. Oppenheimer & Co. Inc. now owns 86,026 shares of the company’s stock valued at $52,681,000 after acquiring an additional 7,293 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 0.5%

Vanguard S&P 500 ETF stock opened at $638.23 on Tuesday. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $641.81. The firm has a market capitalization of $854.09 billion, a PE ratio of 24.97 and a beta of 1.00. The firm has a 50-day moving average price of $632.09 and a 200-day moving average price of $615.09.

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.