Vanguard S&P 500 ETF $VOO Shares Acquired by Founders Financial Securities LLC

Founders Financial Securities LLC raised its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 41.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 27,214 shares of the company’s stock after buying an additional 7,918 shares during the quarter. Vanguard S&P 500 ETF comprises approximately 1.0% of Founders Financial Securities LLC’s holdings, making the stock its 21st largest holding. Founders Financial Securities LLC’s holdings in Vanguard S&P 500 ETF were worth $17,066,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VOO. Nvest Wealth Strategies Inc. acquired a new stake in Vanguard S&P 500 ETF during the 4th quarter valued at approximately $26,000. Camelot Portfolios LLC acquired a new stake in Vanguard S&P 500 ETF during the 4th quarter valued at approximately $27,000. United Community Bank acquired a new stake in Vanguard S&P 500 ETF during the 4th quarter valued at approximately $27,000. Clear Investment Research LLC acquired a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at approximately $28,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at approximately $29,000.

Vanguard S&P 500 ETF Trading Up 0.2%

Shares of NYSEARCA VOO opened at $695.49 on Friday. The company has a 50 day simple moving average of $646.37 and a two-hundred day simple moving average of $634.38. Vanguard S&P 500 ETF has a 12 month low of $536.16 and a 12 month high of $697.00. The stock has a market cap of $950.94 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF News Summary

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

• Positive Sentiment: The S&P 500 extended its winning streak and the Dow also joined the record run, a supportive backdrop for Vanguard S&P 500 ETF (VOO) since it tracks the index. Article Title
• Positive Sentiment: Stocks moved higher on reports of a possible U.S.-Iran ceasefire extension and negotiations, which boosted risk appetite and pushed the S&P 500 to fresh highs. Article Title
• Positive Sentiment: VOO is nearing a historic $1 trillion in assets under management, underscoring strong investor demand for low-cost U.S. equity exposure. Article Title
• Neutral Sentiment: Market coverage noted that the ETF was edging higher in pre-market trading as investors watched inflation data and other macro signals that could influence the Fed outlook. Article Title
• Negative Sentiment: Some commentary warned that cracks may be forming in the bull market and that the market is trading at record highs, which could temper enthusiasm for VOO despite the uptrend. Article Title
• Negative Sentiment: Michael Burry’s latest warning that the market may be nearing a top adds a cautionary tone for index funds tied to the S&P 500. Article Title

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.