Planning Capital Management Corp Lowers Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Planning Capital Management Corp decreased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 33.5% in the third quarter, Holdings Channel reports. The firm owned 3,132 shares of the company’s stock after selling 1,580 shares during the period. Vanguard S&P 500 ETF accounts for 1.1% of Planning Capital Management Corp’s investment portfolio, making the stock its 23rd largest holding. Planning Capital Management Corp’s holdings in Vanguard S&P 500 ETF were worth $1,653,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the company. Marquette Asset Management LLC purchased a new stake in Vanguard S&P 500 ETF during the third quarter worth $36,000. Abich Financial Wealth Management LLC acquired a new position in shares of Vanguard S&P 500 ETF during the second quarter worth $50,000. Kennebec Savings Bank acquired a new position in shares of Vanguard S&P 500 ETF during the third quarter worth $51,000. Mendota Financial Group LLC acquired a new position in shares of Vanguard S&P 500 ETF during the third quarter worth $53,000. Finally, Kings Path Partners LLC acquired a new position in shares of Vanguard S&P 500 ETF during the third quarter worth $55,000.

Vanguard S&P 500 ETF Trading Up 0.0 %

Shares of VOO stock opened at $548.94 on Thursday. The business’s fifty day simple moving average is $527.60 and its 200-day simple moving average is $507.43. The company has a market cap of $497.32 billion, a PE ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 12-month low of $409.89 and a 12-month high of $551.73.

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.