Mmbg Investment Advisors CO. Cuts Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Mmbg Investment Advisors CO. lessened its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 33.8% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 13,602 shares of the company’s stock after selling 6,935 shares during the quarter. Vanguard S&P 500 ETF makes up 0.8% of Mmbg Investment Advisors CO.’s holdings, making the stock its 27th biggest position. Mmbg Investment Advisors CO.’s holdings in Vanguard S&P 500 ETF were worth $7,329,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Your Advocates Ltd. LLP acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at $29,000. Asset Management One Co. Ltd. raised its stake in shares of Vanguard S&P 500 ETF by 185.0% in the 4th quarter. Asset Management One Co. Ltd. now owns 57 shares of the company’s stock valued at $31,000 after acquiring an additional 37 shares during the period. Delos Wealth Advisors LLC increased its holdings in Vanguard S&P 500 ETF by 166.7% in the 4th quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock valued at $43,000 after purchasing an additional 50 shares during the last quarter. Sherman Asset Management Inc. purchased a new stake in Vanguard S&P 500 ETF in the fourth quarter valued at approximately $52,000. Finally, Sugar Maple Asset Management LLC acquired a new position in Vanguard S&P 500 ETF during the fourth quarter worth $53,000.

Vanguard S&P 500 ETF Price Performance

NYSEARCA VOO opened at $518.65 on Monday. Vanguard S&P 500 ETF has a 1-year low of $442.80 and a 1-year high of $563.92. The company has a market cap of $1.46 trillion, a P/E ratio of 23.46 and a beta of 1.01. The stock has a 50-day moving average of $505.45 and a two-hundred day moving average of $533.08.

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.