Glassman Wealth Services Decreases Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Glassman Wealth Services lessened its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.3% during the fourth quarter, HoldingsChannel.com reports. The fund owned 290,642 shares of the company’s stock after selling 831 shares during the period. Vanguard S&P 500 ETF makes up approximately 26.4% of Glassman Wealth Services’ holdings, making the stock its largest holding. Glassman Wealth Services’ holdings in Vanguard S&P 500 ETF were worth $156,601,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of VOO. Nova R Wealth Inc. purchased a new position in Vanguard S&P 500 ETF in the 4th quarter worth approximately $200,000. Gilliland Jeter Wealth Management LLC grew its stake in Vanguard S&P 500 ETF by 241.9% in the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 424 shares of the company’s stock worth $228,000 after buying an additional 300 shares in the last quarter. Joel Adams & Associates Inc. purchased a new position in Vanguard S&P 500 ETF in the 4th quarter worth approximately $19,507,000. GAMMA Investing LLC grew its stake in Vanguard S&P 500 ETF by 23.3% in the 4th quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock worth $848,000 after buying an additional 297 shares in the last quarter. Finally, IMC Chicago LLC purchased a new position in Vanguard S&P 500 ETF in the 4th quarter worth approximately $149,758,000.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $546.33 on Friday. Vanguard S&P 500 ETF has a one year low of $453.90 and a one year high of $563.92. The stock has a market cap of $1.45 trillion, a PE ratio of 26.67 and a beta of 1.01. The firm has a 50 day simple moving average of $550.08 and a two-hundred day simple moving average of $538.06.

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.