CIBC Asset Management Inc Sells 47,379 Shares of Vanguard S&P 500 ETF (NYSEARCA:VOO)

CIBC Asset Management Inc reduced its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 6.0% during the third quarter, Holdings Channel reports. The firm owned 746,847 shares of the company’s stock after selling 47,379 shares during the period. Vanguard S&P 500 ETF makes up 1.3% of CIBC Asset Management Inc’s holdings, making the stock its 18th largest holding. CIBC Asset Management Inc’s holdings in Vanguard S&P 500 ETF were worth $394,089,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its stake in Vanguard S&P 500 ETF by 95.8% in the first quarter. JPMorgan Chase & Co. now owns 21,245,952 shares of the company’s stock valued at $10,212,930,000 after purchasing an additional 10,393,926 shares during the last quarter. International Assets Investment Management LLC boosted its position in Vanguard S&P 500 ETF by 57,975.9% during the third quarter. International Assets Investment Management LLC now owns 7,915,751 shares of the company’s stock worth $4,176,904,000 after purchasing an additional 7,902,121 shares during the period. Strategic Financial Concepts LLC increased its stake in shares of Vanguard S&P 500 ETF by 32,889.4% in the second quarter. Strategic Financial Concepts LLC now owns 7,252,393 shares of the company’s stock worth $3,627,139,000 after purchasing an additional 7,230,409 shares in the last quarter. Steel Grove Capital Advisors LLC raised its position in shares of Vanguard S&P 500 ETF by 557.5% in the first quarter. Steel Grove Capital Advisors LLC now owns 3,560,049 shares of the company’s stock valued at $1,711,316,000 after purchasing an additional 3,018,626 shares during the period. Finally, Vanguard Group Inc. lifted its stake in shares of Vanguard S&P 500 ETF by 11.1% during the 1st quarter. Vanguard Group Inc. now owns 25,386,297 shares of the company’s stock valued at $12,203,193,000 after buying an additional 2,546,192 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

NYSEARCA:VOO opened at $545.69 on Friday. The stock’s fifty day moving average price is $527.60 and its two-hundred day moving average price is $507.43. The company has a market cap of $494.37 billion, a P/E ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 1 year low of $411.75 and a 1 year high of $551.73.

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.