Smithbridge Asset Management Inc. DE trimmed its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 79.6% during the third quarter, Holdings Channel reports. The fund owned 2,975 shares of the company’s stock after selling 11,638 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Vanguard S&P 500 ETF were worth $2,085,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors have also modified their holdings of VOO. Retirement Planning Group LLC lifted its stake in shares of Vanguard S&P 500 ETF by 1.9% in the third quarter. Retirement Planning Group LLC now owns 516,923 shares of the company’s stock worth $362,290,000 after acquiring an additional 9,390 shares in the last quarter. Secure Asset Management LLC boosted its holdings in Vanguard S&P 500 ETF by 6.9% in the third quarter. Secure Asset Management LLC now owns 32,033 shares of the company’s stock valued at $22,451,000 after purchasing an additional 2,080 shares during the last quarter. Equita Financial Network Inc. grew its stake in Vanguard S&P 500 ETF by 5.8% during the 3rd quarter. Equita Financial Network Inc. now owns 3,239 shares of the company’s stock valued at $2,270,000 after purchasing an additional 178 shares in the last quarter. Maia Wealth LLC grew its stake in Vanguard S&P 500 ETF by 1.9% during the 3rd quarter. Maia Wealth LLC now owns 7,917 shares of the company’s stock valued at $5,549,000 after purchasing an additional 150 shares in the last quarter. Finally, Ridgecrest Wealth Partners LLC grew its stake in Vanguard S&P 500 ETF by 22.8% during the 3rd quarter. Ridgecrest Wealth Partners LLC now owns 19,942 shares of the company’s stock valued at $13,977,000 after purchasing an additional 3,707 shares in the last quarter.
Vanguard S&P 500 ETF Stock Up 0.3%
VOO stock opened at $706.80 on Wednesday. Vanguard S&P 500 ETF has a 52-week low of $578.46 and a 52-week high of $718.47. The stock’s 50 day moving average is $706.42 and its two-hundred day moving average is $686.03. The company has a market capitalization of $1.04 trillion, a PE 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: Morgan Stanley strategist Mike Wilson said the market correction may be nearly over and projected the S&P 500 could reach 8,500 by mid-2027, providing a bullish catalyst for VOO. Morgan Stanley’s Mike Wilson Says Market Correction Nearly Over, Sees S&P 500 Hitting 8,500
- Positive Sentiment: Historical data shows the S&P 500 rose one year after all 19 midterm elections since 1950 and gained in the two weeks before 14 of those elections, supporting a buy-and-hold case for VOO. Should You Wait Until After the Midterm Elections to Buy the S&P 500?
- Positive Sentiment: Long-term performance data highlighted VOO’s 320.81% ten-year return versus 139.56% for VXUS, reinforcing demand for U.S. equity exposure. VOO Returned 320.81% Over Ten Years Against VXUS’s 139.56%
- Positive Sentiment: TD Waterhouse Canada and Parisi Gray Wealth Management both increased their VOO holdings, signaling continued institutional interest, although the purchases are too small to materially affect the ETF. TD Waterhouse Canada Buys VOO Shares
- Neutral Sentiment: Investors are looking to upcoming corporate earnings to determine whether the bull market can resume, with traders focused on an important S&P 500 technical level. Investors Look to Earnings to Reset the Bull Market
- Neutral Sentiment: Historical analysis of investing consistently in VOO shows that regular contributions, including during market downturns, can build substantial wealth over time; it does not provide a direct near-term catalyst. How Long Does It Take to Build a Million-Dollar Portfolio by Investing in VOO?
- Negative Sentiment: AI-related companies reportedly represented nearly 49% of the S&P 500’s market value, raising concentration and valuation risks for VOO if the AI trade reverses. AI Swings Rock the S&P 500
- Negative Sentiment: Early Tuesday futures leaned lower as markets prepared for major earnings, housing data and continued tensions involving Iran and Western allies, creating short-term pressure on broad U.S. equities. Stock Market: Will S&P 500 Open Up or Down Today?
- Negative Sentiment: Commentary comparing today’s AI-driven rally with 1987’s Black Monday warned that a similar crash could erase more than 1,500 S&P 500 points and over $13 trillion in market value. A Repeat of Black Monday Could Send the S&P 500 Down
Vanguard S&P 500 ETF 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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Want to see what other hedge funds are holding VOO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report).
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