Cornerstone Planning Group LLC Sells 378 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

Cornerstone Planning Group LLC decreased its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 21.8% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 1,356 shares of the company’s stock after selling 378 shares during the period. Cornerstone Planning Group LLC’s holdings in Vanguard S&P 500 ETF were worth $725,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. OLD Second National Bank of Aurora acquired a new stake in Vanguard S&P 500 ETF during the 3rd quarter worth approximately $654,000. Gibson Wealth Advisors LLC boosted its position in shares of Vanguard S&P 500 ETF by 1.3% during the third quarter. Gibson Wealth Advisors LLC now owns 28,641 shares of the company’s stock worth $15,113,000 after buying an additional 361 shares during the period. Carlton Hofferkamp & Jenks Wealth Management LLC raised its holdings in shares of Vanguard S&P 500 ETF by 15.6% in the third quarter. Carlton Hofferkamp & Jenks Wealth Management LLC now owns 6,375 shares of the company’s stock valued at $3,339,000 after purchasing an additional 859 shares during the last quarter. Souders Financial Advisors raised its stake in shares of Vanguard S&P 500 ETF by 32.4% during the 3rd quarter. Souders Financial Advisors now owns 95,062 shares of the company’s stock worth $50,161,000 after purchasing an additional 23,241 shares in the last quarter. Finally, Empower Advisory Group LLC raised its position in shares of Vanguard S&P 500 ETF by 8.2% in the third quarter. Empower Advisory Group LLC now owns 17,119 shares of the company’s stock valued at $9,033,000 after purchasing an additional 1,295 shares during the period.

Vanguard S&P 500 ETF Stock Performance

Shares of VOO opened at $549.16 on Wednesday. The firm’s 50-day simple moving average is $526.75 and its 200 day simple moving average is $507.14. The firm has a market cap of $497.52 billion, a P/E ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 52 week low of $409.89 and a 52 week high of $551.73.

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.