TRUE Private Wealth Advisors Cuts Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

TRUE Private Wealth Advisors trimmed its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 30.1% in the third quarter, Holdings Channel reports. The firm owned 14,036 shares of the company’s stock after selling 6,049 shares during the period. Vanguard S&P 500 ETF makes up 0.9% of TRUE Private Wealth Advisors’ portfolio, making the stock its 22nd biggest position. TRUE Private Wealth Advisors’ holdings in Vanguard S&P 500 ETF were worth $7,407,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors 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 valued at approximately $36,000. Prospera Private Wealth LLC acquired a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at $46,000. Abich Financial Wealth Management LLC purchased a new stake in Vanguard S&P 500 ETF during the 2nd quarter worth $50,000. Kennebec Savings Bank acquired a new position in Vanguard S&P 500 ETF in the 3rd quarter worth $51,000. Finally, Mendota Financial Group LLC purchased a new position in Vanguard S&P 500 ETF in the 3rd quarter valued at about $53,000.

Vanguard S&P 500 ETF Stock Up 0.5 %

Shares of NYSEARCA VOO opened at $553.45 on Friday. Vanguard S&P 500 ETF has a fifty-two week low of $416.57 and a fifty-two week high of $554.70. The business has a 50 day moving average price of $535.85 and a two-hundred day moving average price of $513.45. The firm has a market cap of $501.40 billion, a PE ratio of 25.04 and a beta of 1.00.

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.