SoundView Advisors Inc. Sells 10,514 Shares of Vanguard S&P 500 ETF $VOO

SoundView Advisors Inc. reduced its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 8.2% in the 4th quarter, HoldingsChannel.com reports. The firm owned 116,948 shares of the company’s stock after selling 10,514 shares during the period. Vanguard S&P 500 ETF accounts for about 25.6% of SoundView Advisors Inc.’s holdings, making the stock its largest holding. SoundView Advisors Inc.’s holdings in Vanguard S&P 500 ETF were worth $73,341,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Nvest Wealth Strategies Inc. purchased a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at about $26,000. Camelot Portfolios LLC acquired a new position in Vanguard S&P 500 ETF in the fourth quarter valued at $27,000. United Community Bank purchased a new position in Vanguard S&P 500 ETF in the fourth quarter valued at about $27,000. Clear Investment Research LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the 3rd quarter valued at about $28,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at approximately $29,000.

Key Stories Impacting Vanguard S&P 500 ETF

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

• Positive Sentiment: VOO is attracting large inflows and is nearing $1 trillion in assets, signaling strong investor demand for broad S&P 500 exposure. Why VOO stock is rising as US bond yields soar and AUM nears $1 trillion
• Positive Sentiment: ETF industry inflows are running near record pace, which supports demand for major passive funds such as VOO. ETF Prime: ETF Inflows on Pace to Shatter Annual Record
• Positive Sentiment: Market sentiment improved as stocks rebounded and oil prices fell, easing inflation fears and helping large-cap equities like VOO. S&P 500 Rebounds Ahead Of Nvidia’s Print, Oil Sinks 5% On Iran Truce Hopes: Stock Market Today
• Neutral Sentiment: Several articles reinforced that VOO remains a benchmark S&P 500 fund, but the comparisons versus similar ETFs were mostly informational and not a major catalyst. Forget VOO: This iShares S&P 500 ETF Pays Distributions on the Same Day at Half the Bid Ask Spread
• Neutral Sentiment: Commentary about VOO’s long-term outperformance versus DIA and its popularity with investors is supportive, but largely reiterates its established reputation. If You Invest $200 per Month in the S&P 500 Right Now, Here’s What You Might Have After 30 Years
• Negative Sentiment: Some coverage suggested rival S&P 500 ETFs can be slightly cheaper or more efficient on distributions, which may modestly pressure VOO’s competitive appeal. IVV Beat VOO by 10 Basis Points Last Year and Securities Lending Is the Reason Most Investors Miss

Vanguard S&P 500 ETF Stock Up 0.2%

Shares of Vanguard S&P 500 ETF stock opened at $682.84 on Friday. The business has a 50-day moving average price of $637.24 and a 200 day moving average price of $631.56. The firm has a market cap of $933.65 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a fifty-two week low of $529.11 and a fifty-two week high of $689.10.

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.