Bridges Investment Management Inc. Lowers Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Bridges Investment Management Inc. lowered its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 29,533 shares of the company’s stock after selling 64 shares during the quarter. Bridges Investment Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $15,177,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Atala Financial Inc bought a new stake in Vanguard S&P 500 ETF in the 1st quarter worth about $28,000. Redmont Wealth Advisors LLC bought a new stake in Vanguard S&P 500 ETF in the 1st quarter worth about $29,000. Putney Financial Group LLC bought a new stake in Vanguard S&P 500 ETF in the 4th quarter worth about $42,000. Delos Wealth Advisors LLC increased its holdings in Vanguard S&P 500 ETF by 166.7% in the 4th quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock worth $43,000 after buying an additional 50 shares in the last quarter. Finally, Measured Risk Portfolios Inc. bought a new stake in shares of Vanguard S&P 500 ETF during the 4th quarter valued at about $48,000.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA:VOO traded up $3.61 during mid-day trading on Wednesday, reaching $573.84. 1,295,143 shares of the company traded hands, compared to its average volume of 7,395,076. The company’s 50 day moving average price is $545.55 and its 200-day moving average price is $534.67. The firm has a market cap of $692.68 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $575.67.

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.