Vanguard S&P 500 ETF $VOO is Joel Adams & Associates Inc.’s Largest Position

Joel Adams & Associates Inc. cut its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 33,232 shares of the company’s stock after selling 2,260 shares during the period. Vanguard S&P 500 ETF accounts for about 16.7% of Joel Adams & Associates Inc.’s portfolio, making the stock its biggest position. Joel Adams & Associates Inc.’s holdings in Vanguard S&P 500 ETF were worth $18,877,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Wealth Enhancement Advisory Services LLC boosted its stake in Vanguard S&P 500 ETF by 0.9% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 807,691 shares of the company’s stock worth $415,080,000 after buying an additional 7,255 shares during the period. Affinity Capital Advisors LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 66.3% in the 2nd quarter. Affinity Capital Advisors LLC now owns 9,297 shares of the company’s stock worth $5,281,000 after acquiring an additional 3,707 shares during the last quarter. CRA Financial Services LLC boosted its stake in shares of Vanguard S&P 500 ETF by 12.6% during the 2nd quarter. CRA Financial Services LLC now owns 15,583 shares of the company’s stock worth $8,852,000 after purchasing an additional 1,745 shares during the period. Retirement Solution LLC grew its holdings in Vanguard S&P 500 ETF by 31.2% during the 1st quarter. Retirement Solution LLC now owns 1,631 shares of the company’s stock valued at $838,000 after purchasing an additional 388 shares during the last quarter. Finally, Manning & Napier Advisors LLC raised its position in Vanguard S&P 500 ETF by 16.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 154,170 shares of the company’s stock worth $79,230,000 after purchasing an additional 21,254 shares during the period.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA VOO opened at $600.51 on Monday. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $619.60. The firm has a 50-day simple moving average of $599.37 and a two-hundred day simple moving average of $558.99. The company has a market cap of $747.28 billion, a P/E ratio of 24.97 and a beta of 1.00.

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.