Merit Financial Group LLC decreased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 16.8% in the second quarter, HoldingsChannel.com reports. The firm owned 299,850 shares of the company’s stock after selling 60,373 shares during the quarter. Vanguard S&P 500 ETF makes up 1.9% of Merit Financial Group LLC’s holdings, making the stock its 5th biggest holding. Merit Financial Group LLC’s holdings in Vanguard S&P 500 ETF were worth $170,324,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the business. Atala Financial Inc purchased a new position in Vanguard S&P 500 ETF in the 1st quarter valued at about $28,000. Redmont Wealth Advisors LLC purchased a new position in shares of Vanguard S&P 500 ETF in the first quarter valued at approximately $29,000. Lord & Richards Wealth Management LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the first quarter worth approximately $40,000. Bay Harbor Wealth Management LLC increased its position in shares of Vanguard S&P 500 ETF by 800.0% during the second quarter. Bay Harbor Wealth Management LLC now owns 72 shares of the company’s stock worth $41,000 after purchasing an additional 64 shares in the last quarter. Finally, Elevate Wealth Advisory Inc. raised its stake in Vanguard S&P 500 ETF by 83.7% in the 1st quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock valued at $47,000 after purchasing an additional 41 shares during the last quarter.
Vanguard S&P 500 ETF Stock Up 0.0%
Shares of VOO opened at $615.30 on Monday. Vanguard S&P 500 ETF has a 52-week low of $442.80 and a 52-week high of $618.42. The stock has a market cap of $762.20 billion, a PE ratio of 24.97 and a beta of 1.00. The firm’s fifty day moving average is $596.09 and its two-hundred day moving average is $555.89.
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.
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