Beacon Capital Management LLC Decreases Holdings in Vanguard S&P 500 Value ETF (NYSEARCA:VOOV)

Beacon Capital Management LLC lessened its stake in shares of Vanguard S&P 500 Value ETF (NYSEARCA:VOOV) by 1.9% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 184,165 shares of the company’s stock after selling 3,517 shares during the period. Vanguard S&P 500 Value ETF accounts for 7.6% of Beacon Capital Management LLC’s holdings, making the stock its 4th biggest position. Beacon Capital Management LLC’s holdings in Vanguard S&P 500 Value ETF were worth $28,674,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the stock. Raymond James & Associates increased its stake in shares of Vanguard S&P 500 Value ETF by 3.8% in the first quarter. Raymond James & Associates now owns 12,163 shares of the company’s stock worth $1,833,000 after purchasing an additional 443 shares in the last quarter. Citigroup Inc. raised its stake in Vanguard S&P 500 Value ETF by 633.6% during the 1st quarter. Citigroup Inc. now owns 2,054 shares of the company’s stock valued at $310,000 after purchasing an additional 1,774 shares during the period. PNC Financial Services Group Inc. lifted its holdings in Vanguard S&P 500 Value ETF by 49.6% in the 1st quarter. PNC Financial Services Group Inc. now owns 1,067 shares of the company’s stock worth $161,000 after purchasing an additional 354 shares in the last quarter. Bank of Montreal Can boosted its stake in Vanguard S&P 500 Value ETF by 17.0% in the 1st quarter. Bank of Montreal Can now owns 3,437 shares of the company’s stock worth $525,000 after purchasing an additional 500 shares during the period. Finally, Cetera Investment Advisers boosted its stake in Vanguard S&P 500 Value ETF by 19.7% in the 1st quarter. Cetera Investment Advisers now owns 19,578 shares of the company’s stock worth $2,950,000 after purchasing an additional 3,228 shares during the period.

Vanguard S&P 500 Value ETF Stock Performance

Shares of Vanguard S&P 500 Value ETF stock traded down $0.61 on Tuesday, hitting $155.07. 5,279 shares of the company traded hands, compared to its average volume of 81,318. The business has a 50-day simple moving average of $157.22 and a 200 day simple moving average of $151.20. Vanguard S&P 500 Value ETF has a 52 week low of $123.18 and a 52 week high of $161.81. The stock has a market capitalization of $3.45 billion, a P/E ratio of 17.10 and a beta of 0.94.

Vanguard S&P 500 Value ETF Company Profile

The Vanguard S&P 500 Value ETF (VOOV) is an exchange-traded fund that is based on the S&P 500 Value index. The fund tracks an index of large- and mid-cap value-style securities from the Committee-selected S&P 500. VOOV was launched on Sep 7, 2010 and is managed by Vanguard.