Modern Wealth Management LLC Sells 8,568 Shares of Vanguard S&P 500 ETF $VOO

Modern Wealth Management LLC cut its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 11.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 68,824 shares of the company’s stock after selling 8,568 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $42,146,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the business. Brighton Jones LLC boosted its stake in Vanguard S&P 500 ETF by 6.5% in the fourth quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after acquiring an additional 2,112 shares during the last quarter. Bison Wealth LLC lifted its stake in shares of Vanguard S&P 500 ETF by 6.1% in the 4th quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock valued at $2,581,000 after purchasing an additional 277 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in shares of Vanguard S&P 500 ETF in the 1st quarter valued at $87,000. Wellington Capital Management Inc. bought a new position in shares of Vanguard S&P 500 ETF in the 2nd quarter worth $332,000. Finally, United Bank acquired a new stake in shares of Vanguard S&P 500 ETF during the second quarter worth $264,000.

Vanguard S&P 500 ETF Trading Down 1.3%

NYSEARCA VOO opened at $618.43 on Friday. Vanguard S&P 500 ETF has a 12 month low of $442.80 and a 12 month high of $641.81. The stock has a 50-day simple moving average of $632.54 and a 200 day simple moving average of $620.65. The company has a market capitalization of $827.60 billion, a PE ratio of 24.97 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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.