Wealth Management Resources Inc. Reduces Stock Position in Vanguard S&P 500 ETF $VOO

Wealth Management Resources Inc. lessened its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 22.3% during the second quarter, HoldingsChannel.com reports. The fund owned 3,200 shares of the company’s stock after selling 920 shares during the quarter. Vanguard S&P 500 ETF accounts for about 0.6% of Wealth Management Resources Inc.’s portfolio, making the stock its 22nd biggest position. Wealth Management Resources Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,818,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VOO. Brighton Jones LLC boosted its holdings in shares of 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 acquiring an additional 2,112 shares during the last quarter. Bison Wealth LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 6.1% during the 4th quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock valued at $2,581,000 after acquiring an additional 277 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 5.1% in the first quarter. GAMMA Investing LLC now owns 1,653 shares of the company’s stock worth $849,000 after buying an additional 80 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 4.6% in the first quarter. GPS Wealth Strategies Group LLC now owns 1,401 shares of the company’s stock worth $720,000 after buying an additional 61 shares during the last quarter. Finally, RFG Holdings Inc. boosted its holdings in shares of Vanguard S&P 500 ETF by 5.3% in the first quarter. RFG Holdings Inc. now owns 176,023 shares of the company’s stock worth $90,541,000 after buying an additional 8,814 shares during the last quarter.

Vanguard S&P 500 ETF Trading Down 2.7%

VOO opened at $600.51 on Friday. The company has a market cap of $747.28 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The company’s 50 day moving average is $599.37 and its 200 day moving average is $558.49. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $619.60.

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.