Coastline Trust Co Lowers Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Coastline Trust Co reduced its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 15,250 shares of the company’s stock after selling 390 shares during the quarter. Vanguard S&P 500 ETF accounts for approximately 0.9% of Coastline Trust Co’s investment portfolio, making the stock its 25th biggest holding. Coastline Trust Co’s holdings in Vanguard S&P 500 ETF were worth $8,047,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of VOO. Marquette Asset Management LLC purchased a new stake in Vanguard S&P 500 ETF in the 3rd quarter worth $36,000. Abich Financial Wealth Management LLC acquired a new stake in Vanguard S&P 500 ETF during the 2nd quarter worth $50,000. Kennebec Savings Bank acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter valued at about $51,000. Mendota Financial Group LLC purchased a new position in shares of Vanguard S&P 500 ETF in the third quarter worth about $53,000. Finally, Kings Path Partners LLC acquired a new position in Vanguard S&P 500 ETF during the third quarter worth about $55,000.

Vanguard S&P 500 ETF Trading Down 1.3 %

VOO stock opened at $538.51 on Friday. The firm has a 50-day moving average of $529.25 and a two-hundred day moving average of $508.18. Vanguard S&P 500 ETF has a 12 month low of $411.75 and a 12 month high of $551.73. The company has a market cap of $487.87 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.