Miller Investment Management LP Sells 1,273 Shares of Vanguard S&P 500 ETF $VOO

Miller Investment Management LP trimmed its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 50.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,256 shares of the company’s stock after selling 1,273 shares during the period. Miller Investment Management LP’s holdings in Vanguard S&P 500 ETF were worth $788,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the business. Nvest Wealth Strategies Inc. bought a new position in shares of Vanguard S&P 500 ETF during the 4th quarter valued at about $26,000. Camelot Portfolios LLC bought a new stake in Vanguard S&P 500 ETF during the 4th quarter worth approximately $27,000. United Community Bank bought a new stake in Vanguard S&P 500 ETF during the 4th quarter worth approximately $27,000. Clear Investment Research LLC acquired a new stake in Vanguard S&P 500 ETF during the 3rd quarter worth approximately $28,000. Finally, Redmont Wealth Advisors LLC bought a new position in Vanguard S&P 500 ETF in the third quarter valued at approximately $29,000.

Vanguard S&P 500 ETF News Roundup

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

• Positive Sentiment: VOO continues to be highlighted as a low-cost, broadly diversified core holding, and several articles note that it remains a favorite for long-term investors seeking simple exposure to large U.S. companies. The Best Vanguard ETFs to Buy
• Neutral Sentiment: New comparisons between VOO and Vanguard Total Stock Market ETF (VTI) are keeping attention on allocation choices, but these pieces are mostly educational and do not signal a direct change in fundamentals. VOO vs. VTI: Should You Own the S&P 500 or the Entire Market?
• Neutral Sentiment: Articles about VOO’s relatively low dividend yield versus dividend-focused ETFs may encourage some income investors to look elsewhere, but this is more of a portfolio preference issue than a direct negative for the fund. 3 Vanguard Dividend ETFs That Beat VOO’s 1% Yield
• Negative Sentiment: Several market updates warn that the S&P 500 is vulnerable to further declines because of Iran-related tensions, inflation above 4%, and a chip-sector selloff, which could drag VOO lower as a broad market proxy. S&P 500 Index: Iran Threats, 4% Inflation and Chip Rout Sink Stocks
• Negative Sentiment: Warnings that “warning signals” are flashing and that investors should take profits suggest elevated caution around U.S. stocks, reinforcing near-term downside pressure for VOO. Banking giant warns investors to take profits amid ‘too many red flags’
• Negative Sentiment: Other commentary says the broader market could fall further as bond yields rise and investors continue to rotate out of risk assets, which is unfavorable for an ETF like VOO that tracks the S&P 500. Here’s why the S&P 500 Index, SPYM, SPY, and VOO ETFs may drop 5.4% soon

Vanguard S&P 500 ETF Stock Performance

Shares of VOO opened at $667.05 on Thursday. The firm has a market cap of $912.06 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a twelve month low of $545.75 and a twelve month high of $699.15. The firm’s 50 day moving average price is $660.59 and its two-hundred day moving average price is $638.43.

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.