Vanguard S&P 500 ETF $VOO is Charles Schwab Trust Co’s 2nd Largest Position

Charles Schwab Trust Co trimmed its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 187,611 shares of the company’s stock after selling 1,994 shares during the period. Vanguard S&P 500 ETF accounts for approximately 7.7% of Charles Schwab Trust Co’s investment portfolio, making the stock its 2nd biggest holding. Charles Schwab Trust Co’s holdings in Vanguard S&P 500 ETF were worth $117,656,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Front Row Advisors LLC increased its holdings in shares of Vanguard S&P 500 ETF by 900.0% in the second quarter. Front Row Advisors LLC now owns 50 shares of the company’s stock valued at $28,000 after purchasing an additional 45 shares during the period. Clear Investment Research LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at $28,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter worth $29,000. Corundum Trust Company INC purchased a new position in shares of Vanguard S&P 500 ETF during the third quarter worth $37,000. Finally, Turning Point Benefit Group Inc. acquired a new position in Vanguard S&P 500 ETF during the third quarter valued at $41,000.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA:VOO opened at $604.43 on Tuesday. The firm’s fifty day moving average is $628.10 and its two-hundred day moving average is $622.70. The firm has a market cap of $808.86 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a one year low of $442.80 and a one year high of $641.81.

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