Pinnacle Financial Partners Inc Has $190.06 Million Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Pinnacle Financial Partners Inc reduced its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 360,184 shares of the company’s stock after selling 4,666 shares during the period. Vanguard S&P 500 ETF accounts for approximately 3.8% of Pinnacle Financial Partners Inc’s portfolio, making the stock its 3rd largest position. Pinnacle Financial Partners Inc’s holdings in Vanguard S&P 500 ETF were worth $190,058,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Gibson Wealth Advisors LLC raised its position in shares of Vanguard S&P 500 ETF by 1.3% during the third quarter. Gibson Wealth Advisors LLC now owns 28,641 shares of the company’s stock valued at $15,113,000 after buying an additional 361 shares during the last quarter. Carlton Hofferkamp & Jenks Wealth Management LLC increased its stake in Vanguard S&P 500 ETF by 15.6% during the third quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 6,375 shares of the company’s stock valued at $3,339,000 after acquiring an additional 859 shares during the period. Souders Financial Advisors raised its holdings in Vanguard S&P 500 ETF by 32.4% in the 3rd quarter. Souders Financial Advisors now owns 95,062 shares of the company’s stock valued at $50,161,000 after acquiring an additional 23,241 shares in the last quarter. Empower Advisory Group LLC lifted its position in shares of Vanguard S&P 500 ETF by 8.2% in the 3rd quarter. Empower Advisory Group LLC now owns 17,119 shares of the company’s stock worth $9,033,000 after acquiring an additional 1,295 shares during the period. Finally, Richardson Capital Management LLC grew its holdings in shares of Vanguard S&P 500 ETF by 1.1% during the 3rd quarter. Richardson Capital Management LLC now owns 2,277 shares of the company’s stock worth $1,201,000 after purchasing an additional 25 shares in the last quarter.

Vanguard S&P 500 ETF Trading Down 0.3 %

VOO opened at $548.71 on Wednesday. The stock’s 50 day simple moving average is $526.75 and its 200-day simple moving average is $507.14. The stock has a market cap of $497.11 billion, a PE ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $402.82 and a 1 year high of $551.73.

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.