Charles Schwab Trust Co Reduces Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Charles Schwab Trust Co lessened its position in Vanguard S&P 500 ETF (NYSEARCA:VOO – Get Rating) by 3.2% during the 1st quarter, HoldingsChannel.com reports. The fund owned 143,356 shares of the company’s stock after selling 4,765 shares during the period. Vanguard S&P 500 ETF accounts for about 10.4% of Charles Schwab Trust Co’s investment portfolio, making the stock its 2nd largest holding. Charles Schwab Trust Co’s holdings in Vanguard S&P 500 ETF were worth $59,517,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Raymond James & Associates grew its position in Vanguard S&P 500 ETF by 1.9% in the 4th quarter. Raymond James & Associates now owns 18,698,755 shares of the company’s stock worth $8,163,360,000 after purchasing an additional 348,752 shares during the last quarter. Envestnet Asset Management Inc. grew its position in Vanguard S&P 500 ETF by 2.8% in the 4th quarter. Envestnet Asset Management Inc. now owns 11,724,388 shares of the company’s stock worth $5,118,617,000 after purchasing an additional 320,753 shares during the last quarter. JPMorgan Chase & Co. grew its position in Vanguard S&P 500 ETF by 24.6% in the 4th quarter. JPMorgan Chase & Co. now owns 9,183,820 shares of the company’s stock worth $4,009,381,000 after purchasing an additional 1,812,910 shares during the last quarter. California Public Employees Retirement System acquired a new stake in Vanguard S&P 500 ETF in the 4th quarter worth $3,702,114,000. Finally, Acorns Advisers LLC grew its position in Vanguard S&P 500 ETF by 3.0% in the 4th quarter. Acorns Advisers LLC now owns 6,181,754 shares of the company’s stock worth $2,698,768,000 after purchasing an additional 181,169 shares during the last quarter.

NYSEARCA VOO traded up $2.40 during midday trading on Thursday, hitting $347.90. The company had a trading volume of 453,469 shares, compared to its average volume of 7,281,998. The firm has a fifty day simple moving average of $373.27 and a two-hundred day simple moving average of $400.00. Vanguard S&P 500 ETF has a fifty-two week low of $334.24 and a fifty-two week high of $441.26.

Vanguard S&P 500 ETF Company Profile (Get Rating)

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.

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