Cherry Tree Wealth Management LLC boosted its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 16.3% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 6,349 shares of the company’s stock after buying an additional 888 shares during the quarter. Cherry Tree Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $4,361,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors have also added to or reduced their stakes in the company. Birch Capital Management LLC purchased a new position in Vanguard S&P 500 ETF during the 2nd quarter valued at about $25,000. RHL Group LLC grew its position in shares of Vanguard S&P 500 ETF by 50.0% in the 2nd quarter. RHL Group LLC now owns 48 shares of the company’s stock worth $33,000 after buying an additional 16 shares during the last quarter. Lifetime Wealth Management P.C. bought a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter worth approximately $41,000. XP Advisory US Inc. purchased a new position in shares of Vanguard S&P 500 ETF during the second quarter valued at approximately $45,000. Finally, Evelyn Partners Investment Management LLP raised its holdings in shares of Vanguard S&P 500 ETF by 3,750.0% during the fourth quarter. Evelyn Partners Investment Management LLP now owns 77 shares of the company’s stock valued at $48,000 after acquiring an additional 75 shares in the last quarter.
Vanguard S&P 500 ETF Stock Performance
Shares of Vanguard S&P 500 ETF stock traded down $3.09 during midday trading on Tuesday, reaching $696.21. 3,387,139 shares of the company’s stock traded hands, compared to its average volume of 8,585,628. The stock has a 50 day moving average of $697.96 and a 200-day moving average of $668.79. Vanguard S&P 500 ETF has a 12 month low of $578.46 and a 12 month high of $716.39. The company has a market cap of $992.51 billion, a PE ratio of 24.97 and a beta of 1.00.
Vanguard S&P 500 ETF News Roundup
- Positive Sentiment: Bank of America raised its outlook for the S&P 500 to 7,800 over the next 12 months, citing a potentially supportive backdrop for VOO’s large-cap holdings. Banking titan shares new bullish S&P 500 outlook
- Positive Sentiment: Analysts argue that strong corporate earnings, resilient economic growth, reduced election uncertainty and continued artificial-intelligence investment could allow stocks to advance even if the Federal Reserve raises interest rates. That would support VOO through its broad exposure to U.S. equities. Why Stocks Could Defy Fed Rate Hikes: ETFs to Watch
- Positive Sentiment: VOO continues to attract substantial investor inflows and is reportedly adding assets at a record pace. Persistent demand reinforces its position as a preferred low-cost way to own the S&P 500. VOO & Chill: What’s fueling the S&P 500 ETF’s relentless run?
- Neutral Sentiment: Articles comparing VOO with iShares Core S&P 500 ETF (IVV) note that both track the same index and have similar fees, while differences in trading, tax and fund mechanics may favor different types of investors. The comparison is unlikely to create an immediate price catalyst for VOO. VOO vs. IVV: Same S&P 500, Same Fee, So Does It Even Matter Which One You Buy?
- Negative Sentiment: Technical analysts warn that the S&P 500 could retreat further after moving close to record highs. Such a pullback would likely pressure VOO in the near term. The S&P 500 Could Dip to 7500 This Month, Charts Show
- Negative Sentiment: Investors are also weighing a wide range of year-end market forecasts, bond-market weakness and the risk that the S&P 500’s extended rally has left valuations vulnerable to rate-related pressure. The S&P 500 at 7400 or 8000? Why the Future of Stocks Is So Murky
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.
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