Vanguard S&P 500 ETF $VOO Stock: Traynor Capital Management Inc. Decreases Stake

Traynor Capital Management Inc. decreased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.7% in the third quarter, HoldingsChannel.com reports. The fund owned 22,803 shares of the company’s stock after selling 1,625 shares during the period. Vanguard S&P 500 ETF comprises about 0.7% of Traynor Capital Management Inc.’s portfolio, making the stock its 25th largest holding. Traynor Capital Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $15,982,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VOO. California Public Employees Retirement System lifted its position in shares of Vanguard S&P 500 ETF by 6.5% in the 1st quarter. California Public Employees Retirement System now owns 33,635,939 shares of the company’s stock worth $20,099,155,000 after purchasing an additional 2,049,100 shares during the period. Bank of America Corp DE boosted its stake in shares of Vanguard S&P 500 ETF by 1.3% during the 1st quarter. Bank of America Corp DE now owns 27,441,061 shares of the company’s stock valued at $16,397,406,000 after purchasing an additional 354,072 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Vanguard S&P 500 ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,822,531 shares of the company’s stock valued at $7,432,569,000 after purchasing an additional 142,360 shares in the last quarter. Assetmark Inc. boosted its stake in shares of Vanguard S&P 500 ETF by 8.5% during the 2nd quarter. Assetmark Inc. now owns 4,037,865 shares of the company’s stock valued at $2,773,246,000 after purchasing an additional 314,829 shares in the last quarter. Finally, Alberta Investment Management Corp increased its position in shares of Vanguard S&P 500 ETF by 15.6% during the second quarter. Alberta Investment Management Corp now owns 3,880,748 shares of the company’s stock valued at $2,665,337,000 after buying an additional 522,562 shares during the period.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA VOO opened at $691.32 on Tuesday. Vanguard S&P 500 ETF has a 1 year low of $578.46 and a 1 year high of $718.47. The stock has a market capitalization of $1.02 trillion, a P/E ratio of 24.97 and a beta of 1.00. The company’s 50-day moving average is $705.45 and its 200 day moving average is $670.22.

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.