Trust Co. of Vermont Invests $54.58 Million in Vanguard S&P 500 ETF $VOO

Trust Co. of Vermont acquired a new position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 79,463 shares of the company’s stock, valued at approximately $54,576,000. Vanguard S&P 500 ETF accounts for about 2.0% of Trust Co. of Vermont’s holdings, making the stock its 10th biggest holding.

A number of other hedge funds have also bought and sold shares of VOO. Royal Bank of Canada grew its holdings in Vanguard S&P 500 ETF by 496.2% during the 4th 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. California Public Employees Retirement System lifted its stake in Vanguard S&P 500 ETF by 21.7% in the fourth quarter. California Public Employees Retirement System now owns 31,586,839 shares of the company’s stock worth $19,809,054,000 after purchasing an additional 5,627,587 shares during the last quarter. Marshall Wace LLP bought a new stake in Vanguard S&P 500 ETF in the fourth quarter worth about $2,872,697,000. Teacher Retirement System of Texas boosted its position in shares of Vanguard S&P 500 ETF by 164.7% during the fourth quarter. Teacher Retirement System of Texas now owns 6,615,774 shares of the company’s stock valued at $4,148,950,000 after buying an additional 4,116,545 shares during the period. Finally, USS Investment Management Ltd boosted its position in shares of Vanguard S&P 500 ETF by 760.0% during the first quarter. USS Investment Management Ltd now owns 3,495,162 shares of the company’s stock valued at $2,089,023,000 after buying an additional 3,088,758 shares during the period.

Vanguard S&P 500 ETF Stock Performance

VOO opened at $701.01 on Friday. The stock’s 50 day moving average price is $691.00 and its 200-day moving average price is $660.12. Vanguard S&P 500 ETF has a one year low of $578.46 and a one year high of $716.39. The stock has a market cap of $999.35 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF News Roundup

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

• Positive Sentiment: Recent commentary continues to highlight VOO’s decade-long compounding record, reinforcing its appeal as a low-cost core portfolio holding for long-term investors. 1 Unstoppable Vanguard ETF I Wish I’d Bought 10 Years Ago
• Positive Sentiment: The S&P 500’s gain of more than 33% since President Trump’s reelection demonstrates the index’s recent momentum, although the article notes that market performance has not historically determined midterm election outcomes. The S&P 500 Has Gained More Than 33% Since Trump’s Election
• Neutral Sentiment: Comparisons with Vanguard Total Stock Market ETF (VTI) present VOO as one of the two dominant choices for a core holding, but the debate could influence new investment flows between the funds rather than materially change VOO’s underlying outlook. VOO vs VTI
• Neutral Sentiment: Articles promoting higher-performing or actively managed ETFs highlight competition for investor allocations, while also underscoring VOO’s advantages in diversification, simplicity and typically low costs. What Advisors Should Weigh Before Buying Active ETFs
• Negative Sentiment: Higher Treasury yields pressured stocks, while Walmart’s raised consumer concerns and renewed geopolitical tensions involving Iran added to risk aversion across the S&P 500. S&P500 Forecast: Long Yields Return as Walmart Hits the Dow
• Negative Sentiment: Earlier weakness in Asian markets and investor caution ahead of the Federal Reserve’s August meeting minutes created additional near-term pressure on broad-market ETFs. Stock Market: Will S&P 500 Open Up or Down Today?

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.