Strive Financial Group LLC boosted its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 41.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 25,345 shares of the company’s stock after purchasing an additional 7,394 shares during the quarter. Vanguard S&P 500 ETF makes up 7.5% of Strive Financial Group LLC’s portfolio, making the stock its biggest holding. Strive Financial Group LLC’s holdings in Vanguard S&P 500 ETF were worth $17,407,000 at the end of the most recent quarter.
Other large investors also recently bought and sold shares of the company. Okabena Investment Services Inc. increased its position in shares of Vanguard S&P 500 ETF by 2.4% in the second quarter. Okabena Investment Services Inc. now owns 60,275 shares of the company’s stock valued at $41,398,000 after buying an additional 1,420 shares in the last quarter. RHL Group LLC boosted its position in shares of Vanguard S&P 500 ETF by 50.0% in the 2nd quarter. RHL Group LLC now owns 48 shares of the company’s stock worth $33,000 after buying an additional 16 shares in the last quarter. Willis Investment Counsel boosted its position in shares of Vanguard S&P 500 ETF by 3.2% in the 2nd quarter. Willis Investment Counsel now owns 1,211 shares of the company’s stock worth $832,000 after buying an additional 38 shares in the last quarter. Commonwealth Retirement Investments LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the 2nd quarter worth about $53,000. Finally, MTM Investment Management LLC grew its stake in Vanguard S&P 500 ETF by 6.2% in the 2nd quarter. MTM Investment Management LLC now owns 4,838 shares of the company’s stock valued at $3,323,000 after acquiring an additional 284 shares during the last quarter.
Vanguard S&P 500 ETF Trading Up 0.2%
NYSEARCA:VOO opened at $706.91 on Thursday. The company has a market capitalization of $1.01 trillion, a P/E ratio of 24.97 and a beta of 1.00. The firm has a 50-day moving average price of $690.55 and a two-hundred day moving average price of $659.66. Vanguard S&P 500 ETF has a twelve month low of $578.46 and a twelve month high of $716.39.
Key Stories Impacting Vanguard S&P 500 ETF
- Positive Sentiment: VOO’s decade-long record of compounding returns is reinforcing its appeal as a core, low-cost holding for long-term investors. 1 Unstoppable Vanguard ETF I Wish I’d Bought 10 Years Ago
- Positive Sentiment: Analyst Joe Terranova’s bullish projection that the S&P 500 could reach 10,000 within 18 months supports the potential for further gains in VOO, although the forecast is speculative. Top Analyst Sees the S&P 500 at 10,000
- Positive Sentiment: Commentary continues to describe VOO as a reliable vehicle for patient investors and a potential long-term wealth-building tool because it tracks the broad U.S. stock market at minimal cost. Where Will the Vanguard S&P 500 ETF Be in 20 Years?
- Neutral Sentiment: Advisors weighing active ETFs are comparing potentially higher fees and manager risk with the simplicity and low expenses of index funds such as VOO, highlighting the fund’s cost advantage but not creating a direct catalyst. What Advisors Should Weigh Before Buying Active ETFs
- Neutral Sentiment: Vanguard’s reduction of expenses on dozens of other funds underscores its focus on investor costs, though the reported cuts did not directly change VOO’s already-low fee. Vanguard Handed 53 Funds a Fee Cut
- Negative Sentiment: VOO’s heavy concentration in the largest technology and growth companies leaves the ETF vulnerable if that sector’s earnings momentum or valuations weaken. VOO’s 0.03% Fee Hides the Real Cost
- Negative Sentiment: Lower U.S. stock futures, a sharp Asian-market sell-off and investor caution ahead of the Federal Reserve’s meeting minutes are weighing on near-term sentiment toward the S&P 500 and VOO. Stock Market: Will S&P 500 Open Up or Down Today?
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.
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