Ballentine Capital Advisors Inc Sells 593 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Ballentine Capital Advisors Inc lessened its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.8% in the fourth quarter, HoldingsChannel reports. The fund owned 32,282 shares of the company’s stock after selling 593 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 9.0% of Ballentine Capital Advisors Inc’s holdings, making the stock its 4th largest holding. Ballentine Capital Advisors Inc’s holdings in Vanguard S&P 500 ETF were worth $17,394,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Proficio Capital Partners LLC increased its position in shares of Vanguard S&P 500 ETF by 22,099.4% during the fourth quarter. Proficio Capital Partners LLC now owns 36,046,464 shares of the company’s stock worth $19,422,195,000 after acquiring an additional 35,884,088 shares in the last quarter. Vanguard Group Inc. boosted its stake in Vanguard S&P 500 ETF by 8.4% during the 4th quarter. Vanguard Group Inc. now owns 32,517,360 shares of the company’s stock valued at $17,520,679,000 after purchasing an additional 2,516,003 shares during the last quarter. Raymond James Financial Inc. bought a new stake in Vanguard S&P 500 ETF during the 4th quarter worth approximately $14,232,829,000. JPMorgan Chase & Co. raised its stake in shares of Vanguard S&P 500 ETF by 13.7% in the third quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after purchasing an additional 2,879,321 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of Vanguard S&P 500 ETF by 2.2% in the fourth quarter. Bank of America Corp DE now owns 23,912,537 shares of the company’s stock worth $12,884,314,000 after purchasing an additional 511,022 shares during the last quarter.

Vanguard S&P 500 ETF Stock Down 0.7%

Shares of NYSEARCA:VOO opened at $532.40 on Monday. The stock has a market cap of $1.50 trillion, a price-to-earnings ratio of 25.18 and a beta of 1.01. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $563.92. The business’s 50 day moving average is $509.56 and its 200 day moving average is $533.60.

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.