Paulson Wealth Management Inc. Has $294,000 Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Paulson Wealth Management Inc. cut its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 61.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 571 shares of the company’s stock after selling 914 shares during the period. Paulson Wealth Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $294,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in VOO. Afbi LP acquired a new stake in shares of Vanguard S&P 500 ETF during the first quarter worth $20,494,431,000. Raymond James Financial Inc. acquired a new position in Vanguard S&P 500 ETF in the fourth quarter valued at about $14,232,829,000. JPMorgan Chase & Co. grew its stake in Vanguard S&P 500 ETF by 23.9% in the first quarter. JPMorgan Chase & Co. now owns 29,230,561 shares of the company’s stock valued at $15,021,878,000 after acquiring an additional 5,647,924 shares during the period. Capstone Investment Advisors LLC acquired a new position in Vanguard S&P 500 ETF in the fourth quarter valued at about $1,250,896,000. Finally, Vanguard Group Inc. grew its stake in Vanguard S&P 500 ETF by 5.9% in the first quarter. Vanguard Group Inc. now owns 34,450,749 shares of the company’s stock valued at $17,704,584,000 after acquiring an additional 1,933,389 shares during the period.

Vanguard S&P 500 ETF Trading Up 0.8%

NYSEARCA:VOO opened at $585.74 on Monday. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $588.16. The stock has a market cap of $711.57 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The stock has a 50-day moving average price of $567.28 and a two-hundred day moving average price of $539.97.

Vanguard S&P 500 ETF Company 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.