Institute for Wealth Management LLC. Sells 15,588 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

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Institute for Wealth Management LLC. lessened its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 33.6% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,761 shares of the company’s stock after selling 15,588 shares during the period. Vanguard S&P 500 ETF makes up 1.8% of Institute for Wealth Management LLC.’s portfolio, making the stock its 3rd biggest position. Institute for Wealth Management LLC.’s holdings in Vanguard S&P 500 ETF were worth $8,279,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Harel Insurance Investments & Financial Services Ltd. increased its holdings in shares of Vanguard S&P 500 ETF by 63.6% in the 2nd quarter. Harel Insurance Investments & Financial Services Ltd. now owns 108 shares of the company’s stock worth $29,000 after acquiring an additional 42 shares during the period. Reilly Financial Advisors LLC increased its holdings in shares of Vanguard S&P 500 ETF by 900.0% in the 2nd quarter. Reilly Financial Advisors LLC now owns 110 shares of the company’s stock worth $30,000 after acquiring an additional 99 shares during the period. Evensky & Katz LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth about $31,000. Hanson & Doremus Investment Management acquired a new stake in shares of Vanguard S&P 500 ETF in the 2nd quarter worth about $34,000. Finally, Belvedere Advisors LLC acquired a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth about $33,000.

Shares of VOO stock traded up $3.83 during trading hours on Friday, reaching $265.22. The stock had a trading volume of 2,432,700 shares, compared to its average volume of 2,967,219. Vanguard S&P 500 ETF has a twelve month low of $214.83 and a twelve month high of $277.55. The firm has a 50-day simple moving average of $271.64 and a 200-day simple moving average of $263.47.

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.

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Institutional Ownership by Quarter for Vanguard S&P 500 ETF (NYSEARCA:VOO)

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