Burt Wealth Advisors Sells 92 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Burt Wealth Advisors lessened its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.2% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,065 shares of the company’s stock after selling 92 shares during the period. Vanguard S&P 500 ETF makes up 0.5% of Burt Wealth Advisors’ investment portfolio, making the stock its 26th largest position. Burt Wealth Advisors’ holdings in Vanguard S&P 500 ETF were worth $2,145,000 as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Marquette Asset Management LLC bought a new stake in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at $36,000. Abich Financial Wealth Management LLC bought a new position in Vanguard S&P 500 ETF in the 2nd quarter worth about $50,000. Mendota Financial Group LLC bought a new position in Vanguard S&P 500 ETF in the 3rd quarter worth about $53,000. Kings Path Partners LLC bought a new position in Vanguard S&P 500 ETF in the 3rd quarter worth about $55,000. Finally, Hexagon Capital Partners LLC lifted its stake in Vanguard S&P 500 ETF by 481.0% during the 2nd quarter. Hexagon Capital Partners LLC now owns 122 shares of the company’s stock valued at $61,000 after acquiring an additional 101 shares during the period.

Vanguard S&P 500 ETF Stock Up 0.3 %

VOO traded up $1.71 during midday trading on Friday, hitting $549.24. 1,390,807 shares of the company traded hands, compared to its average volume of 5,235,760. The firm has a market capitalization of $497.59 billion, a PE ratio of 25.04 and a beta of 1.00. The company’s 50-day moving average is $523.96 and its 200 day moving average is $504.44. Vanguard S&P 500 ETF has a 52 week low of $398.21 and a 52 week high of $549.72.

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.