Salomon & Ludwin LLC Has $48.33 Million Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Salomon & Ludwin LLC lowered its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 89,692 shares of the company’s stock after selling 3,262 shares during the period. Vanguard S&P 500 ETF accounts for approximately 5.1% of Salomon & Ludwin LLC’s investment portfolio, making the stock its 4th biggest holding. Salomon & Ludwin LLC’s holdings in Vanguard S&P 500 ETF were worth $48,327,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in VOO. Nova R Wealth Inc. acquired a new position in Vanguard S&P 500 ETF during the fourth quarter valued at approximately $200,000. Sumitomo Mitsui DS Asset Management Company Ltd lifted its stake in shares of Vanguard S&P 500 ETF by 78.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 6,866 shares of the company’s stock valued at $3,623,000 after acquiring an additional 3,014 shares during the last quarter. Gilliland Jeter Wealth Management LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 241.9% during the 4th quarter. Gilliland Jeter Wealth Management LLC now owns 424 shares of the company’s stock valued at $228,000 after acquiring an additional 300 shares in the last quarter. GAMMA Investing LLC grew its position in Vanguard S&P 500 ETF by 23.3% during the 4th quarter. GAMMA Investing LLC now owns 1,573 shares of the company’s stock worth $848,000 after acquiring an additional 297 shares during the last quarter. Finally, IMC Chicago LLC acquired a new position in Vanguard S&P 500 ETF in the 4th quarter worth about $149,758,000.

Vanguard S&P 500 ETF Stock Performance

VOO stock opened at $560.69 on Friday. The company has a market capitalization of $507.96 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 $453.60 and a 52-week high of $561.86. The company has a fifty day moving average price of $549.85 and a 200-day moving average price of $532.96.

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.