PAX Financial Group LLC Reduces Holdings in Vanguard S&P 500 ETF $VOO

PAX Financial Group LLC reduced its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 8.6% during the third quarter, Holdings Channel.com reports. The firm owned 10,745 shares of the company’s stock after selling 1,012 shares during the period. Vanguard S&P 500 ETF accounts for about 1.2% of PAX Financial Group LLC’s portfolio, making the stock its 23rd largest position. PAX Financial Group LLC’s holdings in Vanguard S&P 500 ETF were worth $6,580,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quaker Wealth Management LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 248.4% during the second quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after purchasing an additional 77 shares during the period. Front Row Advisors LLC raised its position in Vanguard S&P 500 ETF by 900.0% during the 2nd quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock valued at $28,000 after purchasing an additional 45 shares during the last quarter. Bernard Wealth Management Corp. purchased a new stake in Vanguard S&P 500 ETF in the 2nd quarter worth approximately $30,000. Corundum Trust Company INC purchased a new stake in Vanguard S&P 500 ETF in the 3rd quarter worth approximately $37,000. Finally, Bay Harbor Wealth Management LLC grew its position 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 last quarter.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $636.22 on Friday. The stock has a market capitalization of $851.40 billion, a PE ratio of 24.97 and a beta of 1.00. The stock’s 50 day moving average price is $630.86 and its 200-day moving average price is $612.53. Vanguard S&P 500 ETF has a 52-week low of $442.80 and a 52-week high of $641.81.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.