Vanguard S&P 500 ETF (NYSEARCA:VOO) Stake Lowered by Twele Capital Management Inc.

Twele Capital Management Inc. lowered its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.8% during the first quarter, according to the company in its most recent filing with the SEC. The fund owned 96,942 shares of the company’s stock after selling 3,825 shares during the quarter. Vanguard S&P 500 ETF comprises 10.5% of Twele Capital Management Inc.’s investment portfolio, making the stock its 2nd biggest holding. Twele Capital Management Inc.’s holdings in Vanguard S&P 500 ETF were worth $46,600,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in VOO. Life Planning Partners Inc purchased a new position in Vanguard S&P 500 ETF during the 4th quarter worth approximately $25,000. Mark Sheptoff Financial Planning LLC purchased a new position in Vanguard S&P 500 ETF during the 4th quarter worth approximately $25,000. Element Wealth LLC purchased a new position in Vanguard S&P 500 ETF during the 4th quarter worth approximately $35,000. Creekmur Asset Management LLC purchased a new position in Vanguard S&P 500 ETF during the 4th quarter worth approximately $37,000. Finally, Woodard & Co. Asset Management Group Inc. ADV purchased a new position in Vanguard S&P 500 ETF during the 4th quarter worth approximately $52,000.

Vanguard S&P 500 ETF Price Performance

Shares of VOO stock traded down $0.07 during midday trading on Wednesday, hitting $502.44. The company had a trading volume of 1,966,370 shares, compared to its average volume of 5,176,137. The company’s 50 day simple moving average is $482.36 and its 200 day simple moving average is $465.07. Vanguard S&P 500 ETF has a 52-week low of $375.95 and a 52-week high of $505.74. The stock has a market cap of $455.19 billion, a price-to-earnings ratio of 25.04 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.