9,874 Shares in Vanguard S&P 500 ETF $VOO Bought by Leo Wealth LLC

Leo Wealth LLC acquired a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the third quarter, Holdings Channel reports. The institutional investor acquired 9,874 shares of the company’s stock, valued at approximately $6,920,000. Vanguard S&P 500 ETF accounts for approximately 1.5% of Leo Wealth LLC’s portfolio, making the stock its 11th largest holding.

Other institutional investors also recently made changes to their positions in the company. Gallagher Capital Advisors LLC raised its position in Vanguard S&P 500 ETF by 1.6% in the 3rd quarter. Gallagher Capital Advisors LLC now owns 878 shares of the company’s stock worth $616,000 after purchasing an additional 14 shares during the period. Bay Harbor Wealth Management LLC boosted its position in Vanguard S&P 500 ETF by 20.8% during the second quarter. Bay Harbor Wealth Management LLC now owns 87 shares of the company’s stock valued at $60,000 after buying an additional 15 shares during the period. Spinnaker Trust boosted its position in Vanguard S&P 500 ETF by 0.4% during the second quarter. Spinnaker Trust now owns 3,643 shares of the company’s stock valued at $2,502,000 after buying an additional 15 shares during the period. Roxbury Financial LLC boosted its position in Vanguard S&P 500 ETF by 5.1% during the third quarter. Roxbury Financial LLC now owns 310 shares of the company’s stock valued at $217,000 after buying an additional 15 shares during the period. Finally, PMG Family Office LLC grew its stake in shares of Vanguard S&P 500 ETF by 1.6% during the third quarter. PMG Family Office LLC now owns 967 shares of the company’s stock valued at $678,000 after buying an additional 15 shares during the last quarter.

Vanguard S&P 500 ETF News Roundup

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

• Positive Sentiment: Historical data shows the S&P 500 rose from the end of October through April in 58 of 76 years, with an average gain of about 7%, providing a potentially favorable seasonal backdrop for VOO. Seasonal S&P 500 performance
• Positive Sentiment: Long-term investing research indicates that staying invested has historically produced results close to those of idealized market timing. Warren Buffett’s support for low-cost S&P 500 index funds reinforces VOO’s appeal as a core holding. S&P 500 buy-the-dip analysis
• Neutral Sentiment: The Federal Reserve’s policy statement, commentary on inflation and upcoming major technology earnings could determine the next move for the S&P 500, making near-term direction highly dependent on macroeconomic and earnings news. Fed policy and index outlook
• Neutral Sentiment: Although market corrections can be sharp, historical analysis suggests a crash is not necessarily imminent and that bear markets have often been relatively short-lived. S&P 500 crash analysis
• Negative Sentiment: VOO is increasingly concentrated: its 10 largest holdings and technology exposure each represent roughly 40% of assets. That concentration could hurt diversification and returns if mega-cap technology stocks weaken. S&P 500 concentration risks
• Negative Sentiment: Another analysis warns that S&P 500 valuations are approaching levels associated with the dot-com bubble. Higher interest rates, geopolitical conflict and disappointment in the artificial-intelligence boom could trigger a significant sell-off. S&P 500 valuation risk

Vanguard S&P 500 ETF Trading Up 0.3%

Shares of NYSEARCA:VOO opened at $709.90 on Thursday. The stock has a market capitalization of $1.05 trillion, a P/E ratio of 24.97 and a beta of 1.00. The stock’s 50-day moving average price is $705.82 and its 200-day moving average price is $669.33. Vanguard S&P 500 ETF has a 12-month low of $578.46 and a 12-month high of $718.47.

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.