Prospect Financial Group LLC Cuts Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Prospect Financial Group LLC decreased its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.8% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,199 shares of the company’s stock after selling 55 shares during the quarter. Vanguard S&P 500 ETF comprises 4.7% of Prospect Financial Group LLC’s holdings, making the stock its 7th largest holding. Prospect Financial Group LLC’s holdings in Vanguard S&P 500 ETF were worth $3,699,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in Vanguard S&P 500 ETF by 6.5% during the 4th quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after purchasing an additional 2,112 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard S&P 500 ETF during the fourth quarter worth $14,232,829,000. American Century Companies Inc. raised its position in Vanguard S&P 500 ETF by 6.5% in the 4th quarter. American Century Companies Inc. now owns 41,000 shares of the company’s stock valued at $22,091,000 after buying an additional 2,500 shares during the last quarter. Sei Investments Co. lifted its stake in Vanguard S&P 500 ETF by 8.7% during the 4th quarter. Sei Investments Co. now owns 1,077 shares of the company’s stock valued at $580,000 after acquiring an additional 86 shares in the last quarter. Finally, Penobscot Investment Management Company Inc. boosted its holdings in Vanguard S&P 500 ETF by 9.9% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 520 shares of the company’s stock worth $280,000 after acquiring an additional 47 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 0.1%

Shares of VOO opened at $583.26 on Friday. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $584.75. The stock has a 50 day moving average of $558.16 and a 200 day moving average of $537.31. The company has a market capitalization of $708.56 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

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.