Intelligent Financial Strategies Cuts Position in Vanguard S&P 500 ETF $VOO

Intelligent Financial Strategies decreased its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 40,567 shares of the company’s stock after selling 864 shares during the quarter. Vanguard S&P 500 ETF makes up about 12.6% of Intelligent Financial Strategies’ investment portfolio, making the stock its 2nd biggest holding. Intelligent Financial Strategies’ holdings in Vanguard S&P 500 ETF were worth $24,241,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in VOO. Brighton Jones LLC grew its holdings in shares of Vanguard S&P 500 ETF by 6.5% in the 4th quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after acquiring an additional 2,112 shares in the last quarter. Bison Wealth LLC boosted its position in Vanguard S&P 500 ETF by 6.1% during the fourth quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock valued at $2,581,000 after purchasing an additional 277 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Vanguard S&P 500 ETF during the first quarter valued at approximately $87,000. Wellington Capital Management Inc. bought a new position in Vanguard S&P 500 ETF in the second quarter valued at approximately $332,000. Finally, United Bank bought a new position in Vanguard S&P 500 ETF in the second quarter valued at approximately $264,000.

Vanguard S&P 500 ETF Trading Down 0.6%

Shares of Vanguard S&P 500 ETF stock traded down $4.33 on Tuesday, reaching $686.29. 1,751,292 shares of the company were exchanged, compared to its average volume of 9,464,755. Vanguard S&P 500 ETF has a one year low of $568.17 and a one year high of $699.15. The company has a market capitalization of $982.53 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The company has a 50-day moving average of $679.74 and a 200 day moving average of $645.28.

Key Stories Impacting Vanguard S&P 500 ETF

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

• Positive Sentiment: Several recent pieces argue the S&P 500 and VOO still have upside left this year, citing improving technicals, solid earnings expectations, and reasonable valuation support. Top 5 S&P 500 Index and VOO ETF have more upside to go this year
• Positive Sentiment: History-focused market commentary says the S&P 500 could keep climbing after its strong quarter, with favorable earnings growth helping support stocks. The Stock Market Just Finished Its Best Quarter in Years. Here’s What History Says Is Coming Next.
• Positive Sentiment: Broad market strength also showed up in recent performance reports, with the S&P 500 posting its best week in two months. S&P 500 Snapshot: Best Week in Two Months
• Positive Sentiment: Several articles frame buying VOO near all-time highs as still attractive for long-term investors, emphasizing the risk of staying out of the market. Buying VOO Near All-Time Highs Could Still Be a Smart Move
• Neutral Sentiment: Comparisons of VOO versus QQQ generally highlight VOO’s broader diversification, which may appeal to long-term investors but does not signal a major near-term catalyst. VOO vs. QQQ: Which Index Fund Is the Better Buy for Long-Term Investors?
• Neutral Sentiment: ETF industry and market roundups point to continued strong flows and healthy market interest overall, but they are more background context than direct catalysts for VOO. $2 Trillion By Year’s End? A Wild First Half Look Back in ETFs
• Negative Sentiment: Some strategists warn the S&P 500 looks expensive and could face a 10% to 20% drawdown before any further advance, which could pressure VOO in the near term. Top Wall Street Strategist: The S&P 500 Could Hit As High As 8,800 This Year, But a 10-20% Drop May Come First
• Negative Sentiment: Another cautionary view says the S&P 500 is pricey on both earnings and cash-flow measures, reinforcing valuation concerns for index investors. The S&P 500 Looks Pricey at 22x Earnings. On Cash Flow, It’s a Terrifying 32x.
• Negative Sentiment: BofA’s U.S. equity strategist warned there may be less reason to keep buying megacap tech leaders, a concern because VOO is heavily influenced by those names. Why This Bank of America Strategist Sees S&P 500 Risks Ahead

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.