Nomura Asset Management Co. Ltd. Trims Stock Position in Vanguard S&P 500 ETF $VOO

Nomura Asset Management Co. Ltd. cut its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 21.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 11,641 shares of the company’s stock after selling 3,098 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in Vanguard S&P 500 ETF were worth $7,300,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Nvest Wealth Strategies Inc. purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $26,000. Camelot Portfolios LLC purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $27,000. United Community Bank purchased a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $27,000. Clear Investment Research LLC purchased a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth approximately $28,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth approximately $29,000.

Vanguard S&P 500 ETF Trading Down 0.7%

Shares of VOO stock opened at $693.36 on Thursday. The company has a market cap of $948.03 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The stock has a 50 day simple moving average of $651.96 and a 200-day simple moving average of $635.95. Vanguard S&P 500 ETF has a 12-month low of $543.34 and a 12-month high of $699.15.

Key Vanguard S&P 500 ETF News

Here are the key news stories impacting Vanguard S&P 500 ETF this week:

• Positive Sentiment: VOO became the first ETF ever to top $1 trillion in assets, a major sign of investor confidence and scale that may support continued inflows. Vanguard index product becomes first ETF to top $1 trillion in assets
• Positive Sentiment: The fund’s extremely low 0.03% expense ratio keeps it competitive versus rival S&P 500 ETFs, which can help attract more assets over time. Vanguard index product becomes first ETF to top $1 trillion in assets
• Neutral Sentiment: Broader market coverage remains supportive, with the S&P 500 recently trading near record highs and the index still in a strong bull-market trend. This ETF Tracking The S&P 500 Just Crossed $1 Trillion In Assets And It’s Not The SPY
• Neutral Sentiment: Some articles noted temporary pressure from higher Treasury yields, oil prices, and cautious macro sentiment, which could create short-term volatility for the ETF. S&P500: Forecast Turns Cautious as Oil and Yields Hit US Stocks Today
• Negative Sentiment: Near-term market pullbacks are possible if investors continue to worry about inflation, rates, or stretched valuations after the S&P 500’s strong rally. S&P500: US Stocks Ease From Highs As Alphabet AI Spending Raises Questions

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.