Swmg LLC Cuts Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Swmg LLC trimmed its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 22.7% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,677 shares of the company’s stock after selling 493 shares during the quarter. Swmg LLC’s holdings in Vanguard S&P 500 ETF were worth $935,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Marquette Asset Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the third quarter worth approximately $36,000. Prospera Private Wealth LLC acquired a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at $46,000. Kennebec Savings Bank acquired a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at $51,000. Urban Financial Advisory Corp acquired a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at $51,000. Finally, Mendota Financial Group LLC acquired a new stake in Vanguard S&P 500 ETF in the 3rd quarter worth about $53,000.

Vanguard S&P 500 ETF Price Performance

NYSEARCA VOO opened at $553.33 on Friday. The firm has a market capitalization of $501.29 billion, a P/E ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $443.75 and a 1-year high of $561.66. The business’s 50-day simple moving average is $549.44 and its 200-day simple moving average is $529.63.

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.