Schear Investment Advisers LLC Sells 1,451 Shares of Vanguard S&P 500 ETF $VOO

Schear Investment Advisers LLC cut its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 14.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 8,692 shares of the company’s stock after selling 1,451 shares during the period. Vanguard S&P 500 ETF comprises 2.3% of Schear Investment Advisers LLC’s portfolio, making the stock its 12th biggest holding. Schear Investment Advisers LLC’s holdings in Vanguard S&P 500 ETF were worth $5,451,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. West Paces Advisors Inc. increased its position in shares of Vanguard S&P 500 ETF by 1.8% in the third quarter. West Paces Advisors Inc. now owns 107,636 shares of the company’s stock worth $65,914,000 after purchasing an additional 1,900 shares during the last quarter. Compass Wealth Management LLC bought a new position in shares of Vanguard S&P 500 ETF in the third quarter worth approximately $27,782,000. Calamos Wealth Management LLC increased its position in shares of Vanguard S&P 500 ETF by 41.2% in the third quarter. Calamos Wealth Management LLC now owns 11,856 shares of the company’s stock worth $7,260,000 after purchasing an additional 3,459 shares during the last quarter. Curated Wealth Partners LLC increased its position in shares of Vanguard S&P 500 ETF by 12.7% in the fourth quarter. Curated Wealth Partners LLC now owns 70,385 shares of the company’s stock worth $44,141,000 after purchasing an additional 7,931 shares during the last quarter. Finally, Certified Advisory Corp increased its position in shares of Vanguard S&P 500 ETF by 37.4% in the third quarter. Certified Advisory Corp now owns 26,102 shares of the company’s stock worth $15,984,000 after purchasing an additional 7,110 shares during the last quarter.

Vanguard S&P 500 ETF Trading Down 0.4%

VOO stock opened at $651.26 on Friday. The company’s 50 day moving average is $621.61 and its 200 day moving average is $624.53. The stock has a market cap of $890.47 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $492.22 and a 1-year high of $654.90.

Vanguard S&P 500 ETF 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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.