Ballentine Capital Advisors Inc Lowers Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Ballentine Capital Advisors Inc cut its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.8% in the third quarter, HoldingsChannel.com reports. The fund owned 32,875 shares of the company’s stock after selling 255 shares during the period. Vanguard S&P 500 ETF accounts for 8.7% of Ballentine Capital Advisors Inc’s holdings, making the stock its 4th biggest position. Ballentine Capital Advisors Inc’s holdings in Vanguard S&P 500 ETF were worth $17,347,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Marquette Asset Management LLC purchased a new stake in Vanguard S&P 500 ETF during the third quarter valued at $36,000. Prospera Private Wealth LLC bought a new stake in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at about $46,000. Abich Financial Wealth Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the 2nd quarter valued at about $50,000. Kennebec Savings Bank bought a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter worth approximately $51,000. Finally, Urban Financial Advisory Corp purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter worth approximately $51,000.

Vanguard S&P 500 ETF Price Performance

Shares of Vanguard S&P 500 ETF stock opened at $554.32 on Wednesday. Vanguard S&P 500 ETF has a 1-year low of $422.22 and a 1-year high of $559.96. The company’s fifty day simple moving average is $539.52 and its 200-day simple moving average is $516.85. The stock has a market capitalization of $502.19 billion, a PE ratio of 25.04 and a beta of 1.00.

Vanguard S&P 500 ETF Company 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.