Able Wealth Management LLC Cuts Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Able Wealth Management LLC cut its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 11.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,773 shares of the company’s stock after selling 220 shares during the period. Able Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $955,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of VOO. JPMorgan Chase & Co. raised its stake in shares of Vanguard S&P 500 ETF by 13.7% during the 3rd quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after buying an additional 2,879,321 shares during the last quarter. Strategic Financial Concepts LLC increased its holdings in Vanguard S&P 500 ETF by 62,488.2% during the 4th quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock valued at $5,393,342,000 after acquiring an additional 9,993,736 shares in the last quarter. International Assets Investment Management LLC increased its holdings in Vanguard S&P 500 ETF by 57,975.9% during the 3rd quarter. International Assets Investment Management LLC now owns 7,915,751 shares of the company’s stock valued at $4,176,904,000 after acquiring an additional 7,902,121 shares in the last quarter. Kedalion Capital Management LLP acquired a new position in Vanguard S&P 500 ETF during the fourth quarter worth about $2,424,795,000. Finally, Cerity Partners LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 0.6% in the third quarter. Cerity Partners LLC now owns 3,474,212 shares of the company’s stock valued at $1,833,375,000 after purchasing an additional 21,745 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $563.67 on Thursday. The company’s 50 day simple moving average is $550.24 and its 200-day simple moving average is $534.96. Vanguard S&P 500 ETF has a 12 month low of $453.60 and a 12 month high of $563.92. The firm has a market capitalization of $510.66 billion, a PE ratio of 25.04 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.