Retirement Wealth Solutions LLC Has $27.38 Million Stock Position in Vanguard S&P 500 ETF $VOO

Retirement Wealth Solutions LLC lowered its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.6% in the second quarter, HoldingsChannel.com reports. The fund owned 39,857 shares of the company’s stock after selling 1,507 shares during the quarter. Vanguard S&P 500 ETF accounts for approximately 15.1% of Retirement Wealth Solutions LLC’s portfolio, making the stock its biggest holding. Retirement Wealth Solutions LLC’s holdings in Vanguard S&P 500 ETF were worth $27,375,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC lifted its stake in Vanguard S&P 500 ETF by 6.5% in the 4th quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after purchasing an additional 2,112 shares during the last quarter. Bison Wealth LLC increased its position in Vanguard S&P 500 ETF by 6.1% during the fourth quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock worth $2,581,000 after buying an additional 277 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Vanguard S&P 500 ETF in the first quarter valued at approximately $87,000. Wellington Capital Management Inc. bought a new stake in Vanguard S&P 500 ETF in the second quarter valued at approximately $332,000. Finally, United Bank acquired a new stake in shares of Vanguard S&P 500 ETF in the second quarter valued at approximately $264,000.

Vanguard S&P 500 ETF Trading Up 1.0%

Shares of NYSEARCA VOO opened at $710.72 on Friday. Vanguard S&P 500 ETF has a 12 month low of $578.46 and a 12 month high of $716.39. The stock has a 50 day moving average of $695.24 and a 200-day moving average of $665.20. The company has a market capitalization of $1.01 trillion, a P/E ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF 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.