Citizens Business Bank Has $6.92 Million Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Citizens Business Bank cut its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 34.0% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 15,848 shares of the company’s stock after selling 8,154 shares during the period. Vanguard S&P 500 ETF makes up approximately 1.6% of Citizens Business Bank’s investment portfolio, making the stock its 18th largest holding. Citizens Business Bank’s holdings in Vanguard S&P 500 ETF were worth $6,922,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Life Planning Partners Inc bought a new stake in Vanguard S&P 500 ETF in the 4th quarter valued at $25,000. Motco boosted its position in shares of Vanguard S&P 500 ETF by 172.0% during the third quarter. Motco now owns 68 shares of the company’s stock worth $27,000 after buying an additional 43 shares during the period. Element Wealth LLC acquired a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth about $35,000. CGC Financial Services LLC grew its holdings in shares of Vanguard S&P 500 ETF by 1,416.7% during the third quarter. CGC Financial Services LLC now owns 91 shares of the company’s stock worth $36,000 after buying an additional 85 shares in the last quarter. Finally, Blume Capital Management Inc. raised its position in Vanguard S&P 500 ETF by 833.3% in the 3rd quarter. Blume Capital Management Inc. now owns 112 shares of the company’s stock valued at $44,000 after buying an additional 100 shares during the last quarter.

Vanguard S&P 500 ETF Trading Down 1.6 %

Shares of NYSEARCA VOO traded down $7.41 during midday trading on Tuesday, reaching $461.43. The company’s stock had a trading volume of 4,357,359 shares, compared to its average volume of 5,488,564. Vanguard S&P 500 ETF has a fifty-two week low of $370.92 and a fifty-two week high of $483.23. The stock has a 50 day simple moving average of $470.41 and a 200-day simple moving average of $441.33. The stock has a market capitalization of $418.04 billion, a price-to-earnings ratio of 25.59 and a beta of 1.00.

Vanguard S&P 500 ETF Profile

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.