Linscomb Wealth Inc. Has $1.39 Million Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Linscomb Wealth Inc. cut its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 32.6% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,882 shares of the company’s stock after selling 1,391 shares during the period. Linscomb Wealth Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,386,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Blackston Financial Advisory Group LLC acquired a new position in shares of Vanguard S&P 500 ETF in the 4th quarter worth approximately $12,653,000. PFG Investments LLC increased its stake in shares of Vanguard S&P 500 ETF by 28.8% in the fourth quarter. PFG Investments LLC now owns 2,861 shares of the company’s stock valued at $1,250,000 after buying an additional 639 shares in the last quarter. Highland Capital Management LLC increased its stake in shares of Vanguard S&P 500 ETF by 8.9% in the fourth quarter. Highland Capital Management LLC now owns 1,596 shares of the company’s stock valued at $697,000 after buying an additional 130 shares in the last quarter. Planned Solutions Inc. acquired a new position in Vanguard S&P 500 ETF during the 4th quarter worth about $74,000. Finally, CPA Asset Management LLC grew its holdings in Vanguard S&P 500 ETF by 39.9% during the 4th quarter. CPA Asset Management LLC now owns 2,557 shares of the company’s stock worth $1,117,000 after acquiring an additional 729 shares during the last quarter.

Vanguard S&P 500 ETF Stock Up 1.1 %

VOO stock traded up $5.55 during trading on Friday, hitting $500.33. The company had a trading volume of 3,635,984 shares, compared to its average volume of 5,071,509. The firm has a 50-day moving average price of $499.39 and a 200-day moving average price of $476.70. Vanguard S&P 500 ETF has a 12 month low of $375.95 and a 12 month high of $519.40. The stock has a market cap of $453.28 billion, a price-to-earnings 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.