Physician Wealth Advisors Inc. Reduces Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Physician Wealth Advisors Inc. reduced its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.1% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,359 shares of the company’s stock after selling 220 shares during the period. Physician Wealth Advisors Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,371,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of VOO. Harbor Group Inc. acquired a new position in shares of Vanguard S&P 500 ETF in the 1st quarter valued at $274,000. United Capital Financial Advisers LLC boosted its stake in Vanguard S&P 500 ETF by 8.8% in the fourth quarter. United Capital Financial Advisers LLC now owns 4,059,497 shares of the company’s stock valued at $1,426,264,000 after acquiring an additional 327,632 shares in the last quarter. Beacon Financial Planning Inc. purchased a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth about $506,000. Northwest Capital Management Inc increased its position in shares of Vanguard S&P 500 ETF by 42.8% during the first quarter. Northwest Capital Management Inc now owns 2,465 shares of the company’s stock worth $927,000 after purchasing an additional 739 shares in the last quarter. Finally, IPG Investment Advisors LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 5.3% in the 1st quarter. IPG Investment Advisors LLC now owns 1,675 shares of the company’s stock valued at $630,000 after purchasing an additional 85 shares during the last quarter.

Vanguard S&P 500 ETF Stock Up 0.4 %

NYSEARCA:VOO traded up $1.49 during mid-day trading on Thursday, reaching $411.84. 563,725 shares of the stock were exchanged, compared to its average volume of 3,759,904. The stock has a market capitalization of $329.48 billion, a P/E ratio of 19.80 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $319.87 and a 1 year high of $422.15. The company has a 50 day simple moving average of $410.93 and a 200-day simple moving average of $391.22.

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.