Cannon Financial Strategists Inc. Has $1.06 Million Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Cannon Financial Strategists Inc. reduced its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.2% in the third quarter, HoldingsChannel.com reports. The fund owned 2,004 shares of the company’s stock after selling 46 shares during the quarter. Cannon Financial Strategists Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,057,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in VOO. Vanguard Group Inc. grew its holdings in Vanguard S&P 500 ETF by 11.1% in the first quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock worth $12,203,193,000 after purchasing an additional 2,546,192 shares during the period. Raymond James & Associates grew its stake in shares of Vanguard S&P 500 ETF by 1.2% in the 3rd quarter. Raymond James & Associates now owns 23,383,328 shares of the company’s stock valued at $12,338,681,000 after buying an additional 277,818 shares during the period. JPMorgan Chase & Co. increased its position in Vanguard S&P 500 ETF by 95.8% in the 1st quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock valued at $10,212,930,000 after buying an additional 10,393,926 shares in the last quarter. Envestnet Asset Management Inc. raised its stake in Vanguard S&P 500 ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,542,242 shares of the company’s stock worth $6,272,751,000 after buying an additional 160,184 shares during the period. Finally, Strategic Financial Concepts LLC boosted its holdings in Vanguard S&P 500 ETF by 32,889.4% in the second quarter. Strategic Financial Concepts LLC now owns 7,252,393 shares of the company’s stock worth $3,627,139,000 after acquiring an additional 7,230,409 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of Vanguard S&P 500 ETF stock opened at $537.36 on Monday. The stock has a market capitalization of $486.83 billion, a PE ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 52 week low of $375.95 and a 52 week high of $538.76. The stock has a 50 day moving average price of $518.07 and a two-hundred day moving average price of $498.88.

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.