Riverchase Wealth Management LLC Trims Stock Position in Vanguard S&P 500 ETF $VOO

Riverchase Wealth Management LLC decreased its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 7,127 shares of the company’s stock after selling 64 shares during the period. Vanguard S&P 500 ETF makes up approximately 2.6% of Riverchase Wealth Management LLC’s holdings, making the stock its 8th largest holding. Riverchase Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $4,048,000 at the end of the most recent reporting period.

Several other institutional investors have also recently modified their holdings of the company. Galvin Gaustad & Stein LLC raised its holdings in shares of Vanguard S&P 500 ETF by 5.8% during the 2nd quarter. Galvin Gaustad & Stein LLC now owns 1,333 shares of the company’s stock valued at $757,000 after buying an additional 73 shares in the last quarter. 3Chopt Investment Partners LLC raised its stake in shares of Vanguard S&P 500 ETF by 3.2% during the second quarter. 3Chopt Investment Partners LLC now owns 90,176 shares of the company’s stock worth $51,380,000 after acquiring an additional 2,828 shares in the last quarter. Etesian Wealth Advisors Inc. lifted its holdings in shares of Vanguard S&P 500 ETF by 4.3% in the 2nd quarter. Etesian Wealth Advisors Inc. now owns 7,850 shares of the company’s stock worth $4,459,000 after acquiring an additional 323 shares during the last quarter. Gilliland Jeter Wealth Management LLC boosted its stake in shares of Vanguard S&P 500 ETF by 9.3% in the 2nd quarter. Gilliland Jeter Wealth Management LLC now owns 468 shares of the company’s stock valued at $266,000 after purchasing an additional 40 shares in the last quarter. Finally, WMG Financial Advisors LLC grew its holdings in shares of Vanguard S&P 500 ETF by 9.5% during the 2nd quarter. WMG Financial Advisors LLC now owns 5,181 shares of the company’s stock valued at $2,943,000 after purchasing an additional 450 shares during the last quarter.

Vanguard S&P 500 ETF Stock Down 2.7%

Shares of NYSEARCA:VOO opened at $600.51 on Friday. The stock has a market cap of $747.28 billion, a PE ratio of 24.97 and a beta of 1.00. The company’s fifty day moving average is $599.37 and its 200 day moving average is $558.49. Vanguard S&P 500 ETF has a 52 week low of $442.80 and a 52 week high of $619.60.

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.