Vanguard S&P 500 ETF $VOO is Valmark Advisers Inc.’s 5th Largest Position

Valmark Advisers Inc. lowered its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 558,646 shares of the company’s stock after selling 5,230 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 4.4% of Valmark Advisers Inc.’s holdings, making the stock its 5th biggest position. Valmark Advisers Inc.’s holdings in Vanguard S&P 500 ETF were worth $317,328,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently 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 approximately $28,000. Redmont Wealth Advisors LLC bought a new position in shares of Vanguard S&P 500 ETF during the 1st quarter valued at approximately $29,000. Bay Harbor Wealth Management LLC grew its stake in shares of Vanguard S&P 500 ETF by 800.0% during the 2nd quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock valued at $41,000 after acquiring an additional 64 shares during the period. Lord & Richards Wealth Management LLC bought a new position in shares of Vanguard S&P 500 ETF during the 1st quarter valued at approximately $40,000. Finally, Elevate Wealth Advisory Inc. grew its stake in shares of Vanguard S&P 500 ETF by 83.7% during the 1st quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock valued at $47,000 after acquiring an additional 41 shares during the period.

Vanguard S&P 500 ETF Trading Up 0.6%

Shares of NYSEARCA:VOO opened at $618.77 on Thursday. The stock has a 50 day moving average of $598.07 and a 200 day moving average of $557.40. The company has a market cap of $766.50 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $618.90.

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.