Palacios Wealth Management LLC Cuts Stock Holdings in Vanguard S&P 500 ETF $VOO

Palacios Wealth Management LLC trimmed its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 50.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 755 shares of the company’s stock after selling 781 shares during the quarter. Palacios Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $473,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Clarity Asset Management Inc. boosted its holdings in Vanguard S&P 500 ETF by 8.3% during the 3rd quarter. Clarity Asset Management Inc. now owns 209 shares of the company’s stock worth $128,000 after acquiring an additional 16 shares during the last quarter. First Interstate Bank boosted its holdings in Vanguard S&P 500 ETF by 0.3% during the 3rd quarter. First Interstate Bank now owns 6,358 shares of the company’s stock worth $3,894,000 after acquiring an additional 16 shares during the last quarter. Lountzis Asset Management LLC boosted its holdings in Vanguard S&P 500 ETF by 1.6% during the 3rd quarter. Lountzis Asset Management LLC now owns 1,026 shares of the company’s stock worth $630,000 after acquiring an additional 16 shares during the last quarter. EWA LLC boosted its holdings in Vanguard S&P 500 ETF by 0.3% during the 3rd quarter. EWA LLC now owns 4,870 shares of the company’s stock worth $2,983,000 after acquiring an additional 16 shares during the last quarter. Finally, Clarkston Capital Partners LLC boosted its holdings in Vanguard S&P 500 ETF by 0.3% during the 3rd quarter. Clarkston Capital Partners LLC now owns 6,120 shares of the company’s stock worth $3,748,000 after acquiring an additional 16 shares during the last quarter.

Vanguard S&P 500 ETF Price Performance

VOO opened at $651.26 on Friday. The firm’s fifty day moving average price is $621.61 and its two-hundred day moving average price is $624.53. The company has a market capitalization of $890.47 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $492.22 and a 1 year high of $654.90.

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.