CVS HEALTH Corp purchased a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) during the 3rd quarter, Holdings Channel reports. The fund purchased 3,000 shares of the company’s stock, valued at approximately $2,103,000. Vanguard S&P 500 ETF makes up 0.5% of CVS HEALTH Corp’s holdings, making the stock its 29th largest position.
Several other hedge funds have also recently bought and sold shares of the business. Torren Management LLC purchased a new position in Vanguard S&P 500 ETF during the 3rd quarter valued at about $25,000. Birch Capital Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the second quarter worth approximately $25,000. Valued Wealth Advisors LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 164.7% during the third quarter. Valued Wealth Advisors LLC now owns 45 shares of the company’s stock worth $32,000 after purchasing an additional 28 shares during the period. RHL Group LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 50.0% during the second quarter. RHL Group LLC now owns 48 shares of the company’s stock worth $33,000 after purchasing an additional 16 shares during the period. Finally, Elevate Wealth Advisory Inc. acquired a new stake in shares of Vanguard S&P 500 ETF during the third quarter worth approximately $43,000.
Key Stories Impacting Vanguard S&P 500 ETF
Investors following VOO have been watching these stories:
- Positive Sentiment: U.S. stock futures rose after CoreWeave eased concerns about AI-related spending, a potential near-term tailwind for the S&P 500 and VOO. Article: S&P 500, Nasdaq futures rise after CoreWeave soothes AI spending fears
- Positive Sentiment: Historical data cited in one article shows the S&P 500 rose in 55 of 76 Decembers since 1950, offering a seasonal argument for potential strength in the coming weeks. Past performance does not ensure similar results. Article: History Says 1 Month Has Been the S&P 500’s Most Reliable Since 1950
- Negative Sentiment: Reuters technical analysis warned the S&P 500 could face further losses. Because VOO follows the index, continued weakness would likely weigh on the ETF. Article: Mapping the Market: S&P 500 at risk of further losses
Vanguard S&P 500 ETF Stock Performance
Shares of VOO opened at $698.35 on Thursday. The company has a market capitalization of $1.05 trillion, a PE ratio of 24.97 and a beta of 1.00. The company’s 50 day moving average price is $703.39 and its 200 day moving average price is $672.22. Vanguard S&P 500 ETF has a 52 week low of $578.46 and a 52 week high of $718.47.
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.
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