Level Financial Advisors Sells 3,789 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Level Financial Advisors lessened its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 90,409 shares of the company’s stock after selling 3,789 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 17.9% of Level Financial Advisors’ holdings, making the stock its largest holding. Level Financial Advisors’ holdings in Vanguard S&P 500 ETF were worth $48,713,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also modified their holdings of VOO. Sumitomo Mitsui DS Asset Management Company Ltd grew its holdings in Vanguard S&P 500 ETF by 78.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,866 shares of the company’s stock valued at $3,623,000 after buying an additional 3,014 shares during the period. GAMMA Investing LLC boosted its position in shares of Vanguard S&P 500 ETF by 23.3% in the fourth quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock worth $848,000 after acquiring an additional 297 shares during the last quarter. Precedent Wealth Partners LLC grew its holdings in Vanguard S&P 500 ETF by 38.2% in the fourth quarter. Precedent Wealth Partners LLC now owns 10,210 shares of the company’s stock valued at $5,501,000 after purchasing an additional 2,820 shares during the period. Vishria Bird Financial Group LLC acquired a new position in Vanguard S&P 500 ETF during the third quarter worth approximately $290,000. Finally, Nottingham Advisors Inc. raised its stake in Vanguard S&P 500 ETF by 5.1% during the third quarter. Nottingham Advisors Inc. now owns 2,734 shares of the company’s stock worth $1,443,000 after purchasing an additional 133 shares during the period.

Vanguard S&P 500 ETF Stock Down 1.4 %

Shares of NYSEARCA VOO opened at $551.23 on Tuesday. The stock has a market capitalization of $499.39 billion, a PE ratio of 25.04 and a beta of 1.00. The firm has a fifty day moving average of $548.56 and a 200-day moving average of $528.70. Vanguard S&P 500 ETF has a 52-week low of $443.75 and a 52-week high of $561.66.

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.