Meridian Wealth Management LLC Decreases Stock Holdings in Vanguard S&P 500 ETF $VOO

Meridian Wealth Management LLC lowered its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 28,790 shares of the company’s stock after selling 920 shares during the quarter. Vanguard S&P 500 ETF makes up about 0.7% of Meridian Wealth Management LLC’s holdings, making the stock its 26th largest holding. Meridian Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $17,631,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its stake in shares of Vanguard S&P 500 ETF by 6.7% during the second quarter. Vanguard Group Inc. now owns 36,763,979 shares of the company’s stock worth $20,883,043,000 after buying an additional 2,313,230 shares during the period. California Public Employees Retirement System lifted its holdings in shares of Vanguard S&P 500 ETF by 17.9% in the 2nd quarter. California Public Employees Retirement System now owns 25,883,852 shares of the company’s stock valued at $14,702,804,000 after purchasing an additional 3,931,698 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of Vanguard S&P 500 ETF by 2.2% in the second quarter. Bank of America Corp DE now owns 25,095,520 shares of the company’s stock valued at $14,255,008,000 after acquiring an additional 538,659 shares during the period. Envestnet Asset Management Inc. increased its stake in Vanguard S&P 500 ETF by 1.2% in the second quarter. Envestnet Asset Management Inc. now owns 11,926,171 shares of the company’s stock valued at $6,774,413,000 after purchasing an additional 146,269 shares during the period. Finally, Acorns Advisers LLC raised its stake in Vanguard S&P 500 ETF by 4.7% during the 2nd quarter. Acorns Advisers LLC now owns 8,847,296 shares of the company’s stock valued at $5,025,529,000 after acquiring an additional 399,718 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA:VOO opened at $636.22 on Friday. The stock has a market capitalization of $851.40 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $641.81. The stock has a fifty day moving average price of $630.86 and a two-hundred day moving average price of $612.53.

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.