Vanguard S&P 500 ETF $VOO Stock Acquired by Pinnacle Associates Ltd.

Pinnacle Associates Ltd. grew its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.3% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 19,274 shares of the company’s stock after acquiring an additional 1,309 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Vanguard S&P 500 ETF were worth $13,508,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in VOO. Bill Few Associates Inc. lifted its holdings in shares of Vanguard S&P 500 ETF by 30.4% during the 2nd quarter. Bill Few Associates Inc. now owns 13,143 shares of the company’s stock valued at $9,026,000 after purchasing an additional 3,064 shares during the last quarter. Glassman Wealth Services boosted its position in shares of Vanguard S&P 500 ETF by 1.0% in the 1st quarter. Glassman Wealth Services now owns 288,044 shares of the company’s stock worth $172,121,000 after purchasing an additional 2,991 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC grew its stake in Vanguard S&P 500 ETF by 4.0% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,447,239 shares of the company’s stock worth $1,715,172,000 after buying an additional 93,754 shares during the last quarter. Cornerstone National Bank & Trust Co grew its stake in Vanguard S&P 500 ETF by 21.1% during the 3rd quarter. Cornerstone National Bank & Trust Co now owns 37,097 shares of the company’s stock worth $26,055,000 after buying an additional 6,455 shares during the last quarter. Finally, Park National Corp OH grew its stake in Vanguard S&P 500 ETF by 823.6% during the 3rd quarter. Park National Corp OH now owns 193,537 shares of the company’s stock worth $135,642,000 after buying an additional 172,583 shares during the last quarter.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA:VOO opened at $702.30 on Friday. The business’s 50-day moving average is $706.17 and its 200 day moving average is $687.49. Vanguard S&P 500 ETF has a 1 year low of $578.46 and a 1 year high of $718.47. The firm has a market capitalization of $1.03 trillion, a P/E ratio of 24.97 and a beta of 1.00.

Key Stories Impacting Vanguard S&P 500 ETF

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

• Positive Sentiment: Constructive long-term market outlook: Analysts cited in recent reports see further upside for the S&P 500, with Goldman Sachs projecting a potential move to 8,000 by year-end and 8,700 by the end of 2027. Another UBS portfolio manager identified artificial intelligence, energy and longevity-related growth as potential drivers. Because VOO tracks the S&P 500, these forecasts support its longer-term outlook. S&P 500 forecast article
• Positive Sentiment: Diversification remains a key support: Commentators continue to recommend VOO as a low-cost, broad-market holding that includes technology, financials, health care, industrials and other sectors. Historical data showing the S&P 500’s ability to recover from prior 10% declines also supports buy-and-hold investors. VOO recession investing article
• Positive Sentiment: Institutional ownership increased: New England Private Wealth Advisors raised its VOO position by 8.1%, a modest indication of continued institutional confidence in the fund. Institutional VOO holdings article

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.