SouthState Bank Corp grew its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 46.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 12,425 shares of the company’s stock after acquiring an additional 3,940 shares during the quarter. SouthState Bank Corp’s holdings in Vanguard S&P 500 ETF were worth $7,425,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also made changes to their positions in the business. Leonard Rickey Investment Advisors P.L.L.C. lifted its holdings in Vanguard S&P 500 ETF by 0.5% in the fourth quarter. Leonard Rickey Investment Advisors P.L.L.C. now owns 3,326 shares of the company’s stock worth $2,086,000 after purchasing an additional 16 shares during the period. Hibernia Wealth Partners LLC grew its position in Vanguard S&P 500 ETF by 2.6% in the first quarter. Hibernia Wealth Partners LLC now owns 626 shares of the company’s stock worth $374,000 after buying an additional 16 shares during the last quarter. Midwest Heritage Bank FSB grew its holdings in shares of Vanguard S&P 500 ETF by 0.7% in the 4th quarter. Midwest Heritage Bank FSB now owns 2,553 shares of the company’s stock worth $1,601,000 after acquiring an additional 17 shares during the last quarter. Clear Harbor Asset Management LLC raised its holdings in Vanguard S&P 500 ETF by 3.1% during the 4th quarter. Clear Harbor Asset Management LLC now owns 563 shares of the company’s stock worth $353,000 after buying an additional 17 shares during the period. Finally, Retirement Planning Group LLC NY raised its holdings in shares of Vanguard S&P 500 ETF by 1.1% during the first quarter. Retirement Planning Group LLC NY now owns 1,552 shares of the company’s stock valued at $928,000 after acquiring an additional 17 shares during the period.
Vanguard S&P 500 ETF Stock Up 0.4%
VOO opened at $691.10 on Wednesday. The firm has a market capitalization of $985.23 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12-month low of $568.17 and a 12-month high of $699.15. The stock has a fifty day moving average of $684.29 and a 200-day moving average of $648.37.
Key Stories Impacting Vanguard S&P 500 ETF
- Positive Sentiment: Recent commentary highlights that the S&P 500 and broad-market index funds remain attractive, with one article noting that dividend ETFs and other index strategies are outperforming and still delivering income. 1 No-Brainer Dividend ETF to Buy Right Now for Passive Income
- Positive Sentiment: Analysts also say earnings season could be the catalyst that pushes the S&P 500 higher, which would generally benefit VOO as a direct tracker of the index. Earnings Season Could Be the Boost the S&P 500 Needs. Here’s Why Some Investors Are ‘Fretting’
- Positive Sentiment: Market sentiment has turned more constructive on the S&P 500, with one note saying a shift in positioning could favor S&P 500 bulls in the near term. Sudden Sentiment Shift Could Favor S&P 500 Bulls
- Neutral Sentiment: Several pieces simply reinforce VOO’s core thesis: long-term S&P 500 exposure remains a straightforward way to diversify and compound wealth, but there is ongoing debate about whether other ETFs or strategies may offer better risk-adjusted returns. Here’s How Big a $50,000 Investment in the S&P 500 Could Get in 25 Years
- Neutral Sentiment: Other articles question whether the S&P 500 is cheap and suggest investors think about diversification away from tech-heavy exposure, which could modestly temper enthusiasm for VOO even if it does not change the long-term case. Think the S&P 500 Looks Cheap? Read the Fine Print
- Negative Sentiment: Some coverage warns that active ETFs and alternative funds may be drawing attention away from plain-vanilla index products like VOO, though the critique is more about fund selection than a direct issue with the ETF itself. Active ETFs Are Hot. Don’t Get Burned.
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.
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