David Kennon Inc Trims Holdings in Vanguard S&P 500 ETF $VOO

David Kennon Inc cut its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 114,406 shares of the company’s stock after selling 1,829 shares during the period. Vanguard S&P 500 ETF accounts for about 25.2% of David Kennon Inc’s portfolio, making the stock its biggest position. David Kennon Inc’s holdings in Vanguard S&P 500 ETF were worth $70,060,000 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 VOO. Brighton Jones LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 6.5% in the 4th quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock worth $18,602,000 after acquiring an additional 2,112 shares during the last quarter. Bison Wealth LLC raised its position in Vanguard S&P 500 ETF by 6.1% in the 4th quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock worth $2,581,000 after purchasing an additional 277 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in Vanguard S&P 500 ETF in the 1st quarter worth about $87,000. Wellington Capital Management Inc. bought a new stake in Vanguard S&P 500 ETF in the second quarter worth about $332,000. Finally, United Bank purchased a new position in shares of Vanguard S&P 500 ETF during the second quarter valued at approximately $264,000.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $629.53 on Friday. The stock’s 50 day moving average price is $632.17 and its 200-day moving average price is $617.32. Vanguard S&P 500 ETF has a one year low of $442.80 and a one year high of $641.81. The stock has a market cap of $842.45 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.