Victory Financial Group LLC increased its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 2.0% during the 2nd quarter, Holdings Channel reports. The firm owned 45,399 shares of the company’s stock after purchasing an additional 871 shares during the quarter. Vanguard S&P 500 ETF comprises approximately 3.3% of Victory Financial Group LLC’s portfolio, making the stock its 6th biggest holding. Victory Financial Group LLC’s holdings in Vanguard S&P 500 ETF were worth $31,181,000 at the end of the most recent reporting period.
Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. grew its position in Vanguard S&P 500 ETF by 3.0% in the fourth quarter. Vanguard Group Inc. now owns 39,068,508 shares of the company’s stock worth $24,501,033,000 after acquiring an additional 1,141,931 shares in the last quarter. California Public Employees Retirement System raised its position in Vanguard S&P 500 ETF by 6.5% during the first quarter. California Public Employees Retirement System now owns 33,635,939 shares of the company’s stock valued at $20,099,155,000 after purchasing an additional 2,049,100 shares in the last quarter. Raymond James Financial Inc. raised its position in Vanguard S&P 500 ETF by 3.6% during the fourth quarter. Raymond James Financial Inc. now owns 29,347,563 shares of the company’s stock valued at $18,404,737,000 after purchasing an additional 1,019,492 shares in the last quarter. Bank of America Corp DE lifted its stake in Vanguard S&P 500 ETF by 1.3% during the first quarter. Bank of America Corp DE now owns 27,441,061 shares of the company’s stock worth $16,397,406,000 after purchasing an additional 354,072 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in shares of Vanguard S&P 500 ETF by 496.2% in the 4th quarter. Royal Bank of Canada now owns 21,356,933 shares of the company’s stock worth $13,393,573,000 after purchasing an additional 17,774,521 shares in the last quarter.
Vanguard S&P 500 ETF Trading Down 0.2%
Shares of Vanguard S&P 500 ETF stock opened at $713.61 on Friday. The firm has a market capitalization of $1.02 trillion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $578.46 and a 12 month high of $716.39. The business’s 50-day moving average price is $688.58 and its 200-day moving average price is $658.07.
Vanguard S&P 500 ETF News Roundup
- Positive Sentiment: Moderated wholesale inflation and softer-than-expected producer-price data reduced fears of additional Federal Reserve rate increases. Markets are increasingly betting that the Fed will hold rates steady in September, supporting large-cap stocks and VOO’s underlying holdings. S&P 500 Logs Third-Consecutive Weekly Gain
- Positive Sentiment: The S&P 500 closed at another record high as easing inflation, lower oil prices, and continued technology-sector strength improved investor sentiment. This provides a favorable near-term backdrop for VOO, which tracks the index. Dow rises as S&P 500 closes at record high
- Positive Sentiment: More than 40 S&P 500 companies reported approximately $9.6 billion in tariff refunds, with about $2.1 billion already received in cash. Refunds could support corporate earnings and cash flow across some of VOO’s holdings. S&P 500 Companies Claim First Payouts From $100 Billion Tariff Refund Wave
- Neutral Sentiment: Long-term analysis notes that the S&P 500 has historically produced roughly 10% annualized total returns, supporting the case for holding VOO over extended periods. However, this is historical context rather than a direct catalyst for current trading. Where Will the Vanguard S&P 500 ETF Be in 20 Years?
- Negative Sentiment: Renewed Middle East tensions and uncertainty heading into the weekend are limiting risk appetite, helping explain why VOO has pulled back even as the broader index remains near record levels. S&P 500 edges higher as earnings offset Middle East tensions
- Negative Sentiment: Valuation is a longer-term concern: the S&P 500 is trading at an elevated earnings multiple, while Vanguard’s projected U.S. stock returns are below historical averages. High valuations may make VOO more sensitive to disappointing earnings or interest-rate surprises. The S&P 500 Costs 27.5 Times Earnings
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.
Further Reading
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Want to see what other hedge funds are holding VOO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report).
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