FFT Wealth Management LLC Decreases Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

FFT Wealth Management LLC reduced its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 977,070 shares of the company’s stock after selling 35,488 shares during the quarter. Vanguard S&P 500 ETF accounts for 39.7% of FFT Wealth Management LLC’s investment portfolio, making the stock its largest holding. FFT Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $526,455,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VOO. Strategic Financial Concepts LLC increased its position in shares of 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 purchasing an additional 9,993,736 shares during the last quarter. Kedalion Capital Management LLP bought a new position in shares of Vanguard S&P 500 ETF during the 4th quarter valued at about $2,424,795,000. JPMorgan Chase & Co. boosted its holdings in 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 valued at $12,624,419,000 after acquiring an additional 2,879,321 shares during the period. Bank of New York Mellon Corp boosted its holdings in Vanguard S&P 500 ETF by 139.9% during the 4th quarter. Bank of New York Mellon Corp now owns 3,402,904 shares of the company’s stock valued at $1,833,519,000 after acquiring an additional 1,984,281 shares during the period. Finally, Cliftonlarsonallen Wealth Advisors LLC purchased a new stake in Vanguard S&P 500 ETF during the 4th quarter valued at about $846,735,000.

Vanguard S&P 500 ETF Price Performance

Shares of VOO stock opened at $546.41 on Wednesday. The stock has a market capitalization of $1.45 trillion, a PE ratio of 26.67 and a beta of 1.01. Vanguard S&P 500 ETF has a 1-year low of $453.90 and a 1-year high of $563.92. The business has a 50-day moving average of $549.92 and a 200 day moving average of $537.32.

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.