Wetzel Investment Advisors Inc. raised its position in Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 2.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 39,109 shares of the company’s stock after buying an additional 1,013 shares during the period. Vanguard S&P 500 ETF makes up about 9.6% of Wetzel Investment Advisors Inc.’s holdings, making the stock its biggest holding. Wetzel Investment Advisors Inc.’s holdings in Vanguard S&P 500 ETF were worth $27,410,000 at the end of the most recent quarter.
Other large investors also recently modified their holdings of the company. California Public Employees Retirement System lifted its stake in shares of Vanguard S&P 500 ETF by 6.5% in the first quarter. California Public Employees Retirement System now owns 33,635,939 shares of the company’s stock worth $20,099,155,000 after acquiring an additional 2,049,100 shares in the last quarter. Bank of America Corp DE boosted its holdings in Vanguard S&P 500 ETF by 1.3% in the first quarter. Bank of America Corp DE now owns 27,441,061 shares of the company’s stock valued at $16,397,406,000 after purchasing an additional 354,072 shares during the last quarter. Royal Bank of Canada grew its stake in Vanguard S&P 500 ETF by 496.2% during the 4th quarter. Royal Bank of Canada now owns 21,356,933 shares of the company’s stock valued at $13,393,573,000 after purchasing an additional 17,774,521 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in Vanguard S&P 500 ETF by 1.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 10,822,531 shares of the company’s stock valued at $7,432,569,000 after purchasing an additional 142,360 shares in the last quarter. Finally, Assetmark Inc. grew its stake in Vanguard S&P 500 ETF by 8.5% during the 2nd quarter. Assetmark Inc. now owns 4,037,865 shares of the company’s stock valued at $2,773,246,000 after purchasing an additional 314,829 shares in the last quarter.
Vanguard S&P 500 ETF Stock Up 0.0%
VOO stock opened at $715.20 on Wednesday. The stock’s 50 day moving average is $706.69 and its two-hundred day moving average is $682.01. Vanguard S&P 500 ETF has a 52-week low of $578.46 and a 52-week high of $718.47. The company has a market capitalization of $1.05 trillion, a PE ratio of 24.97 and a beta of 1.00.
Vanguard S&P 500 ETF News Roundup
- Positive Sentiment: The S&P 500’s bull market has more than doubled the index from its October 2022 low, reinforcing the long-term performance case for VOO, which tracks the benchmark. Jim Cramer says investors keep making this costly mistake as S&P 500 surges 118%
- Positive Sentiment: Historical analysis highlights the S&P 500’s wealth-creation potential over long holding periods, supporting VOO’s appeal for investors using regular contributions and reinvested dividends. If You Invest $5,000 in VOO Today, Here’s What History Says It Could Be Worth in 20 Years
- Positive Sentiment: Cooling energy prices and the start of third-quarter bank earnings initially provided a constructive backdrop for U.S. equities, helping support VOO. Stock Market: Will S&P 500 Open Up or Down Today?
- Neutral Sentiment: Investors are awaiting bank earnings, U.S. inflation data and bond-market signals, which could determine whether the index extends its rally or pauses. Top 3 catalysts for the S&P 500 Index this week
- Negative Sentiment: S&P 500 futures were muted as chip weakness offset anticipation of bank earnings, creating near-term pressure for VOO’s technology-heavy holdings. S&P 500 futures muted as investors await big bank earnings
- Negative Sentiment: The rally has become unusually narrow, with many S&P 500 companies declining even as the index reaches records. This raises concerns about breadth and the sustainability of VOO’s advance. Wall Street’s big but narrow rally
- Negative Sentiment: Concentration in a small group of AI and chip companies means VOO investors may have more single-sector exposure than expected, increasing downside risk if those leaders weaken. You Bought VOO to Own the S&P 500
Vanguard S&P 500 ETF Company 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.
See Also
- Five stocks we like better than Vanguard S&P 500 ETF
- A Chinese Rival Just Spooked Memory Stocks—How Worried Should Micron Investors Be?
- Could T-Mobile’s Satellite Competition Fears Create a Buying Opportunity?
- Surgical Precision, Sustainable Returns: Johnson & Johnson Secures Its Cash Flow Runway
- Tesla’s Robotaxi Lands in Paris—But Europe’s Real Fight Is Over Cheap EVs
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).
Receive News & Ratings for Vanguard S&P 500 ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard S&P 500 ETF and related companies with MarketBeat.com's FREE daily email newsletter.
