Concorde Asset Management LLC Cuts Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Concorde Asset Management LLC cut its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 9.2% in the second quarter, according to its most recent disclosure with the SEC. The firm owned 1,208 shares of the company’s stock after selling 123 shares during the period. Concorde Asset Management LLC’s holdings in Vanguard S&P 500 ETF were worth $604,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in VOO. WCG Wealth Advisors LLC acquired a new position in shares of Vanguard S&P 500 ETF during the 2nd quarter worth about $5,277,000. Hall Kathryn A. increased its stake in Vanguard S&P 500 ETF by 8.4% during the 2nd quarter. Hall Kathryn A. now owns 226,358 shares of the company’s stock worth $113,208,000 after buying an additional 17,534 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its stake in Vanguard S&P 500 ETF by 6.6% during the 2nd quarter. Glass Jacobson Investment Advisors llc now owns 11,227 shares of the company’s stock worth $5,615,000 after buying an additional 699 shares in the last quarter. Thomist Capital Management LP raised its holdings in shares of Vanguard S&P 500 ETF by 4.0% during the second quarter. Thomist Capital Management LP now owns 30,169 shares of the company’s stock valued at $15,373,000 after acquiring an additional 1,173 shares during the last quarter. Finally, Carolinas Wealth Consulting LLC lifted its position in shares of Vanguard S&P 500 ETF by 7.1% in the second quarter. Carolinas Wealth Consulting LLC now owns 56,254 shares of the company’s stock valued at $28,234,000 after acquiring an additional 3,727 shares in the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO opened at $516.04 on Thursday. The stock has a 50 day moving average price of $505.65 and a 200 day moving average price of $490.57. The stock has a market capitalization of $467.51 billion, a price-to-earnings ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a one year low of $375.95 and a one year high of $522.73.

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.