Waterfront Wealth Inc. Sells 450 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Waterfront Wealth Inc. decreased its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.0% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,691 shares of the company’s stock after selling 450 shares during the quarter. Vanguard S&P 500 ETF comprises 1.5% of Waterfront Wealth Inc.’s holdings, making the stock its 12th largest holding. Waterfront Wealth Inc.’s holdings in Vanguard S&P 500 ETF were worth $5,347,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. boosted its position in shares of Vanguard S&P 500 ETF by 11.1% during the first quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock valued at $12,203,193,000 after buying an additional 2,546,192 shares during the last quarter. Raymond James & Associates boosted its position in shares of Vanguard S&P 500 ETF by 0.4% during the second quarter. Raymond James & Associates now owns 23,105,510 shares of the company’s stock valued at $11,555,758,000 after buying an additional 98,106 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Vanguard S&P 500 ETF by 95.8% during the first 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 during the last quarter. Wells Fargo & Company MN boosted its position in shares of Vanguard S&P 500 ETF by 10.0% during the fourth quarter. Wells Fargo & Company MN now owns 4,217,243 shares of the company’s stock valued at $1,842,092,000 after buying an additional 383,000 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its position in shares of Vanguard S&P 500 ETF by 1.3% during the second quarter. Bank of New York Mellon Corp now owns 3,964,815 shares of the company’s stock valued at $1,982,923,000 after buying an additional 48,994 shares during the last quarter.

Vanguard S&P 500 ETF Stock Up 0.9 %

VOO stock traded up $4.83 during midday trading on Friday, hitting $518.04. The company’s stock had a trading volume of 5,637,725 shares, compared to its average volume of 5,066,479. Vanguard S&P 500 ETF has a 1 year low of $375.95 and a 1 year high of $519.40. The stock’s 50-day moving average price is $504.56 and its 200 day moving average price is $486.29. The stock has a market cap of $469.32 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00.

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.