Fragasso Financial Advisors Inc Trims Position in Vanguard S&P 500 ETF $VOO

Fragasso Financial Advisors Inc decreased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.4% in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 93,340 shares of the company’s stock after selling 2,334 shares during the period. Vanguard S&P 500 ETF makes up 3.6% of Fragasso Financial Advisors Inc’s portfolio, making the stock its 9th largest position. Fragasso Financial Advisors Inc’s holdings in Vanguard S&P 500 ETF were worth $53,020,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VOO. Atala Financial Inc bought a new position in shares of Vanguard S&P 500 ETF during the 1st quarter valued at about $28,000. Redmont Wealth Advisors LLC acquired a new stake in Vanguard S&P 500 ETF during the 1st quarter worth approximately $29,000. Putney Financial Group LLC bought a new position in Vanguard S&P 500 ETF in the fourth quarter valued at approximately $42,000. Lord & Richards Wealth Management LLC bought a new position in Vanguard S&P 500 ETF in the first quarter valued at approximately $40,000. Finally, Elevate Wealth Advisory Inc. boosted its holdings in shares of Vanguard S&P 500 ETF by 83.7% in the first quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock valued at $47,000 after buying an additional 41 shares during the period.

Vanguard S&P 500 ETF Stock Up 0.5%

Shares of VOO stock opened at $607.59 on Tuesday. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $607.77. The firm has a fifty day moving average of $586.50 and a 200-day moving average of $547.15. The company has a market capitalization of $730.04 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF Profile

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.