Xcel Wealth Management LLC Reduces Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Xcel Wealth Management LLC lowered its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 8,261 shares of the company’s stock after selling 639 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 1.3% of Xcel Wealth Management LLC’s holdings, making the stock its 20th biggest position. Xcel Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $4,359,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VOO. Northwest Investment Counselors LLC bought a new position in shares of Vanguard S&P 500 ETF in the first quarter worth approximately $58,000. Annex Advisory Services LLC boosted its holdings in Vanguard S&P 500 ETF by 65.6% in the 1st quarter. Annex Advisory Services LLC now owns 3,181 shares of the company’s stock worth $1,529,000 after buying an additional 1,260 shares during the period. Gilman Hill Asset Management LLC purchased a new stake in Vanguard S&P 500 ETF in the 1st quarter worth $364,000. Von Berge Wealth Management Group LLC raised its holdings in Vanguard S&P 500 ETF by 15.6% during the first quarter. Von Berge Wealth Management Group LLC now owns 3,973 shares of the company’s stock valued at $1,910,000 after acquiring an additional 535 shares during the period. Finally, Gleason Group Inc. lifted its position in shares of Vanguard S&P 500 ETF by 1.0% in the first quarter. Gleason Group Inc. now owns 220,813 shares of the company’s stock valued at $106,145,000 after acquiring an additional 2,231 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA VOO traded down $0.99 during mid-day trading on Tuesday, reaching $535.54. The company’s stock had a trading volume of 1,613,098 shares, compared to its average volume of 5,269,729. Vanguard S&P 500 ETF has a 52 week low of $375.95 and a 52 week high of $538.76. The stock has a fifty day moving average of $519.00 and a two-hundred day moving average of $499.34. The firm has a market capitalization of $485.18 billion, a PE ratio of 25.04 and a beta of 1.00.

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.