Legacy Wealth Advisors LLC Cuts Holdings in Vanguard S&P 500 ETF $VOO

Legacy Wealth Advisors LLC decreased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 27.2% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 3,469 shares of the company’s stock after selling 1,298 shares during the quarter. Vanguard S&P 500 ETF accounts for about 1.1% of Legacy Wealth Advisors LLC’s holdings, making the stock its 17th biggest holding. Legacy Wealth Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $2,073,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VOO. Vanguard Group Inc. increased its holdings in shares of Vanguard S&P 500 ETF by 3.0% in the 4th quarter. Vanguard Group Inc. now owns 39,068,508 shares of the company’s stock valued at $24,501,033,000 after acquiring an additional 1,141,931 shares during the period. California Public Employees Retirement System lifted its stake in shares of Vanguard S&P 500 ETF by 6.5% during the 1st quarter. California Public Employees Retirement System now owns 33,635,939 shares of the company’s stock worth $20,099,155,000 after purchasing an additional 2,049,100 shares during the last quarter. Raymond James Financial Inc. lifted its stake in shares of Vanguard S&P 500 ETF by 3.6% during the 4th quarter. Raymond James Financial Inc. now owns 29,347,563 shares of the company’s stock worth $18,404,737,000 after purchasing an additional 1,019,492 shares during the last quarter. Bank of America Corp DE boosted its position in Vanguard S&P 500 ETF by 4.4% during the fourth quarter. Bank of America Corp DE now owns 27,086,989 shares of the company’s stock valued at $16,987,064,000 after purchasing an additional 1,148,513 shares in the last quarter. Finally, Royal Bank of Canada grew its stake in Vanguard S&P 500 ETF by 496.2% in the fourth 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 during the last quarter.

Vanguard S&P 500 ETF Stock Performance

Shares of Vanguard S&P 500 ETF stock opened at $683.17 on Friday. The company has a market capitalization of $973.92 billion, a PE ratio of 24.97 and a beta of 1.00. The company has a 50-day simple moving average of $685.12 and a two-hundred day simple moving average of $649.41. Vanguard S&P 500 ETF has a one year low of $569.29 and a one year high of $699.15.

Vanguard S&P 500 ETF News Summary

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

• Positive Sentiment: VOO saw about $2.67 billion in net inflows over the past five days, suggesting investors are still using the ETF to buy the market dip and maintain exposure to large-cap U.S. stocks. Vanguard S&P 500 ETF Sees Inflows Amid AI Momentum
• Positive Sentiment: Several articles highlight the long-term case for S&P 500 index investing, including historical outperformance, endorsement from Warren Buffett, and the fund’s role as a simple core holding for long-term investors. Had You Parked $5,000 in This Vanguard ETF When Warren Buffett Recommended It in 2014, Here’s How Much You’d Have Today
• Positive Sentiment: One piece argues that the S&P 500 is increasingly tech-heavy, which can be a tailwind for VOO if megacap AI and technology stocks continue leading the market. The S&P 500 Is Becoming a Tech Index in Disguise — But That May Not Be the Risk Investors Think
• Neutral Sentiment: Some market commentary notes the S&P 500 and Nasdaq have been pressured by chip-stock weakness, and the index recently fell below its 50-day moving average, which helps explain the ETF’s softer trading. S&P500 and Nasdaq 100: US Stocks Drop as Chip Stocks Extend Losses
• Neutral Sentiment: Other articles discuss valuation concerns for the S&P 500, including elevated CAPE readings and recent weekly losses, which may keep pressure on VOO if investors become more cautious about large-cap U.S. equities. S&P 500 Snapshot: Index Drops Below 50-Day MA
• Negative Sentiment: Concern over rising concentration in a few mega-cap tech names and stretched valuations may be weighing on sentiment toward VOO in the near term, even though the fund remains a core long-term holding. The S&P 500 Is Flashing an Ominous Warning That’s Been Observed Only Once Before. Will History Repeat Itself?

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.