Summit Financial Strategies Inc. Lowers Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Summit Financial Strategies Inc. cut its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,910 shares of the company’s stock after selling 248 shares during the period. Vanguard S&P 500 ETF makes up 0.7% of Summit Financial Strategies Inc.’s investment portfolio, making the stock its 20th biggest holding. Summit Financial Strategies Inc.’s holdings in Vanguard S&P 500 ETF were worth $6,417,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in VOO. Sumitomo Mitsui DS Asset Management Company Ltd lifted its holdings in shares of Vanguard S&P 500 ETF by 78.2% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,866 shares of the company’s stock worth $3,623,000 after purchasing an additional 3,014 shares during the period. GAMMA Investing LLC raised its position in Vanguard S&P 500 ETF by 23.3% during the 4th quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock worth $848,000 after buying an additional 297 shares during the last quarter. Precedent Wealth Partners LLC raised its position in Vanguard S&P 500 ETF by 38.2% during the 4th quarter. Precedent Wealth Partners LLC now owns 10,210 shares of the company’s stock worth $5,501,000 after buying an additional 2,820 shares during the last quarter. Vishria Bird Financial Group LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter worth $290,000. Finally, Nottingham Advisors Inc. boosted its holdings in shares of Vanguard S&P 500 ETF by 5.1% in the third quarter. Nottingham Advisors Inc. now owns 2,734 shares of the company’s stock valued at $1,443,000 after acquiring an additional 133 shares in the last quarter.

Vanguard S&P 500 ETF Stock Down 0.3 %

NYSEARCA VOO opened at $559.01 on Monday. The stock has a market capitalization of $506.44 billion, a P/E ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 52-week low of $443.75 and a 52-week high of $561.66. The firm has a 50-day moving average price of $548.56 and a 200 day moving average price of $528.70.

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.