Premier Path Wealth Partners LLC Has $398,000 Holdings in Vanguard S&P 500 ETF $VOO

Premier Path Wealth Partners LLC reduced its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 76.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 667 shares of the company’s stock after selling 2,162 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Vanguard S&P 500 ETF were worth $398,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Inman Jager Wealth Management LLC lifted its position in shares of Vanguard S&P 500 ETF by 4.4% during the 1st quarter. Inman Jager Wealth Management LLC now owns 2,536 shares of the company’s stock valued at $1,515,000 after acquiring an additional 106 shares during the period. Mayflower Financial Advisors LLC increased its holdings in Vanguard S&P 500 ETF by 2.0% in the 1st quarter. Mayflower Financial Advisors LLC now owns 10,102 shares of the company’s stock worth $6,037,000 after purchasing an additional 199 shares in the last quarter. Powell Investment Advisors LLC grew its holdings in Vanguard S&P 500 ETF by 4.5% during the 1st quarter. Powell Investment Advisors LLC now owns 437 shares of the company’s stock worth $261,000 after acquiring an additional 19 shares during the last quarter. Folger Nolan Fleming Douglas Capital Management Inc. grew its stake in shares of Vanguard S&P 500 ETF by 1.3% in the first quarter. Folger Nolan Fleming Douglas Capital Management Inc. now owns 1,780 shares of the company’s stock worth $1,064,000 after purchasing an additional 22 shares during the last quarter. Finally, Midwest Financial Partners Investments Inc. boosted its holdings in Vanguard S&P 500 ETF by 19.2% in the first quarter. Midwest Financial Partners Investments Inc. now owns 20,259 shares of the company’s stock valued at $12,106,000 after acquiring an additional 3,267 shares during the last quarter.

Vanguard S&P 500 ETF Stock Down 0.1%

VOO stock opened at $684.84 on Friday. The firm has a market cap of $980.45 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The company’s fifty day simple moving average is $679.12 and its 200 day simple moving average is $644.86. Vanguard S&P 500 ETF has a 12-month low of $567.98 and a 12-month high of $699.15.

More Vanguard S&P 500 ETF News

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

• Positive Sentiment: VOO gained after weaker-than-expected U.S. labor market data boosted expectations that the Federal Reserve could ease policy sooner, helping large-cap equities and the S&P 500 broadly. VOO ETF Surges on Weaker Labor Market Data Amid Tech Stock Drag
• Positive Sentiment: Several articles pointed to the S&P 500’s strong recent performance and the possibility of continued support from solid earnings growth and AI-related momentum, which is constructive for a broad-market ETF like VOO. S&P 500 companies expected to clear high bar in Q2 earnings season
• Positive Sentiment: Commentary highlighting VOO’s long-term compounding appeal and historical strength of the S&P 500 may support investor demand for the ETF as a core buy-and-hold holding. Where Will VOO Be in 20 Years? Here’s What History Suggests.
• Neutral Sentiment: Articles comparing VOO with other ETFs such as SCHD, and discussing diversification or historical returns, are mostly educational and don’t appear to have a direct near-term impact on the fund. VOO vs. SCHD: Which ETF Should You Buy?
• Negative Sentiment: Several pieces criticized VOO’s low headline fee as hiding other costs or argued that cheaper alternatives may offer better value, which could weigh on sentiment at the margin. VOO’s 0.03% Fee Hides the Real Cost: Why Cheaper Competitors Charge Half as Much

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