Kensington Asset Management LLC Reduces Stock Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Kensington Asset Management LLC cut its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 21.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 757,614 shares of the company’s stock after selling 211,368 shares during the quarter. Vanguard S&P 500 ETF accounts for 23.9% of Kensington Asset Management LLC’s portfolio, making the stock its 2nd largest holding. Kensington Asset Management LLC’s holdings in Vanguard S&P 500 ETF were worth $408,210,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of VOO. Shared Vision Wealth Group LLC raised its stake in Vanguard S&P 500 ETF by 2.7% in the 4th quarter. Shared Vision Wealth Group LLC now owns 693 shares of the company’s stock valued at $373,000 after acquiring an additional 18 shares during the period. Graves Light Lenhart Wealth Inc. increased its holdings in shares of Vanguard S&P 500 ETF by 1.0% in the fourth quarter. Graves Light Lenhart Wealth Inc. now owns 1,948 shares of the company’s stock valued at $1,050,000 after purchasing an additional 19 shares during the last quarter. Retirement Financial Solutions LLC raised its position in shares of Vanguard S&P 500 ETF by 0.6% in the fourth quarter. Retirement Financial Solutions LLC now owns 3,316 shares of the company’s stock valued at $1,787,000 after purchasing an additional 19 shares during the period. LifeSteps Financial Inc. lifted its stake in shares of Vanguard S&P 500 ETF by 2.0% during the 4th quarter. LifeSteps Financial Inc. now owns 988 shares of the company’s stock worth $532,000 after buying an additional 19 shares during the last quarter. Finally, Weinberger Asset Management Inc boosted its holdings in shares of Vanguard S&P 500 ETF by 0.6% during the 4th quarter. Weinberger Asset Management Inc now owns 3,137 shares of the company’s stock worth $1,690,000 after buying an additional 19 shares during the period.

Vanguard S&P 500 ETF Stock Up 0.1 %

Shares of VOO stock opened at $483.90 on Friday. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $563.92. The company has a market capitalization of $1.36 trillion, a PE ratio of 24.79 and a beta of 1.01. The firm has a 50 day moving average price of $518.80 and a two-hundred day moving average price of $535.64.

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.