Granite Islands Private Wealth LLC Sells 2,533 Shares of Vanguard S&P 500 ETF $VOO

Granite Islands Private Wealth LLC cut its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 25.5% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,386 shares of the company’s stock after selling 2,533 shares during the quarter. Vanguard S&P 500 ETF accounts for 4.1% of Granite Islands Private Wealth LLC’s holdings, making the stock its 5th largest position. Granite Islands Private Wealth LLC’s holdings in Vanguard S&P 500 ETF were worth $4,414,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Maridea Wealth Management LLC increased its holdings in Vanguard S&P 500 ETF by 5.1% in the 1st quarter. Maridea Wealth Management LLC now owns 6,414 shares of the company’s stock valued at $3,833,000 after buying an additional 314 shares during the period. Laurel Oak Wealth Management LLC grew its position in Vanguard S&P 500 ETF by 1.2% in the first quarter. Laurel Oak Wealth Management LLC now owns 1,555 shares of the company’s stock valued at $929,000 after acquiring an additional 19 shares during the last quarter. Pinnacle Wealth Management Advisory Group LLC raised its stake in Vanguard S&P 500 ETF by 0.3% during the first quarter. Pinnacle Wealth Management Advisory Group LLC now owns 10,108 shares of the company’s stock worth $6,040,000 after acquiring an additional 35 shares in the last quarter. Next Level Wealth Planning LLC raised its stake in Vanguard S&P 500 ETF by 2.0% during the first quarter. Next Level Wealth Planning LLC now owns 95,210 shares of the company’s stock worth $56,893,000 after acquiring an additional 1,877 shares in the last quarter. Finally, Sequent Planning LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 87.6% in the first quarter. Sequent Planning LLC now owns 5,281 shares of the company’s stock worth $3,156,000 after acquiring an additional 2,466 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $670.26 on Monday. The company’s 50 day moving average is $676.28 and its 200-day moving average is $643.33. Vanguard S&P 500 ETF has a 1-year low of $563.21 and a 1-year high of $699.15. The company has a market cap of $916.45 billion, a P/E ratio of 24.97 and a beta of 1.00.

Key Headlines Impacting Vanguard S&P 500 ETF

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

• Positive Sentiment: VOO became the first ETF ever to surpass $1 trillion in assets, highlighting strong investor demand and reinforcing its status as a core market holding. VOO Became the First ETF to Hit $1 Trillion, but Nearly 40% of It Is Now Tech
• Positive Sentiment: Several pieces reinforce the ETF’s appeal as a long-term wealth-building tool, including articles highlighting its low cost, simple diversification, and ability to compound over time. Cost Conscious? Vanguard S&P 500 ETF Tops SPDR Rival
• Neutral Sentiment: Because VOO tracks the S&P 500, broader market optimism — including forecasts for further gains in the index — can support the ETF, but it also means performance depends heavily on large-cap U.S. equities. This Strategist Thinks the S&P 500 Could Smash Through 8,000 ‘In the Near Term’
• Negative Sentiment: Recent reports say VOO has declined for seven straight sessions, and some traders see risk that the market’s strong rally is due for a breather or reversal. VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal
• Negative Sentiment: One article also notes VOO’s heavy technology concentration, with nearly 40% of assets now in tech, which could increase sensitivity if megacap tech weakens. VOO Became the First ETF to Hit $1 Trillion, but Nearly 40% of It Is Now Tech

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.