Prasad Wealth Partners LLC Cuts Position in Vanguard S&P 500 ETF $VOO

Prasad Wealth Partners LLC reduced its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 10.3% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 12,287 shares of the company’s stock after selling 1,410 shares during the period. Vanguard S&P 500 ETF makes up about 2.1% of Prasad Wealth Partners LLC’s portfolio, making the stock its 22nd biggest holding. Prasad Wealth Partners LLC’s holdings in Vanguard S&P 500 ETF were worth $7,524,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VOO. Quaker Wealth Management LLC increased its stake in shares of Vanguard S&P 500 ETF by 248.4% during the second quarter. Quaker Wealth Management LLC now owns 46 shares of the company’s stock worth $26,000 after buying an additional 77 shares during the period. Front Row Advisors LLC lifted its position in shares of Vanguard S&P 500 ETF by 900.0% during the 2nd quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock worth $28,000 after purchasing an additional 45 shares during the last quarter. Bernard Wealth Management Corp. acquired a new position in shares of Vanguard S&P 500 ETF during the second quarter worth $30,000. Corundum Trust Company INC purchased a new position in Vanguard S&P 500 ETF in the third quarter valued at $37,000. Finally, Cedar Mountain Advisors LLC acquired a new stake in Vanguard S&P 500 ETF in the third quarter valued at $45,000.

Vanguard S&P 500 ETF Trading Down 1.2%

VOO stock opened at $623.10 on Friday. The company’s 50 day moving average is $631.70 and its two-hundred day moving average is $613.83. Vanguard S&P 500 ETF has a twelve month low of $442.80 and a twelve month high of $641.81. The stock has a market cap of $833.84 billion, a P/E ratio of 24.97 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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.