Exchange Capital Management Inc. Sells 116 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Exchange Capital Management Inc. lowered its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 15.9% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 612 shares of the company’s stock after selling 116 shares during the quarter. Exchange Capital Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $330,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VOO. JPMorgan Chase & Co. raised its position in Vanguard S&P 500 ETF by 13.7% in the third quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock worth $12,624,419,000 after purchasing an additional 2,879,321 shares in the last quarter. Strategic Financial Concepts LLC boosted its holdings in Vanguard S&P 500 ETF by 62,488.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock valued at $5,393,342,000 after purchasing an additional 9,993,736 shares in the last quarter. Kedalion Capital Management LLP bought a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter valued at approximately $2,424,795,000. Cerity Partners LLC raised its holdings in shares of Vanguard S&P 500 ETF by 0.6% in the 3rd quarter. Cerity Partners LLC now owns 3,474,212 shares of the company’s stock worth $1,833,375,000 after buying an additional 21,745 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in shares of Vanguard S&P 500 ETF by 139.9% during the 4th quarter. Bank of New York Mellon Corp now owns 3,402,904 shares of the company’s stock worth $1,833,519,000 after buying an additional 1,984,281 shares during the period.

Vanguard S&P 500 ETF Price Performance

Shares of VOO stock opened at $546.41 on Wednesday. The stock’s fifty day simple moving average is $549.92 and its 200 day simple moving average is $537.32. Vanguard S&P 500 ETF has a one year low of $453.90 and a one year high of $563.92. The firm has a market cap of $1.45 trillion, a price-to-earnings ratio of 26.67 and a beta of 1.01.

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.