Front Street Capital Management Inc. Sells 1,887 Shares of Vanguard S&P 500 ETF $VOO

Front Street Capital Management Inc. reduced its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 67,288 shares of the company’s stock after selling 1,887 shares during the period. Vanguard S&P 500 ETF makes up approximately 5.2% of Front Street Capital Management Inc.’s holdings, making the stock its 6th largest holding. Front Street Capital Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $40,208,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in VOO. Brighton Jones LLC raised its holdings in shares of Vanguard S&P 500 ETF by 6.5% in the fourth quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after buying an additional 2,112 shares during the last quarter. Bison Wealth LLC lifted its stake in Vanguard S&P 500 ETF by 6.1% in the fourth quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock valued at $2,581,000 after buying an additional 277 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Vanguard S&P 500 ETF during the first quarter valued at approximately $87,000. Wellington Capital Management Inc. bought a new stake in shares of Vanguard S&P 500 ETF in the 2nd quarter valued at $332,000. Finally, United Bank acquired a new stake in shares of Vanguard S&P 500 ETF during the second quarter worth about $264,000.

Vanguard S&P 500 ETF Trading Up 1.7%

VOO opened at $681.79 on Friday. The stock has a market capitalization of $971.95 billion, a P/E ratio of 24.97 and a beta of 1.00. The firm’s fifty day simple moving average is $685.16 and its 200 day simple moving average is $652.61. Vanguard S&P 500 ETF has a 12 month low of $569.29 and a 12 month high of $699.15.

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