2,412 Vanguard S&P 500 ETF $VOO Shares Bought by Navigate Wealth Management LLC

Navigate Wealth Management LLC increased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 13.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 20,988 shares of the company’s stock after acquiring an additional 2,412 shares during the period. Vanguard S&P 500 ETF makes up about 9.1% of Navigate Wealth Management LLC’s holdings, making the stock its 2nd largest holding. Navigate Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $15,019,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Shore Point Advisors LLC purchased a new position in shares of Vanguard S&P 500 ETF in the 3rd quarter valued at about $229,000. MinichMacGregor Wealth Management LLC increased its holdings in shares of Vanguard S&P 500 ETF by 4.3% in the 3rd quarter. MinichMacGregor Wealth Management LLC now owns 782 shares of the company’s stock valued at $549,000 after acquiring an additional 32 shares during the period. First Citizens Bank & Trust Co. increased its stake in Vanguard S&P 500 ETF by 6.7% in the third quarter. First Citizens Bank & Trust Co. now owns 50,535 shares of the company’s stock valued at $35,418,000 after purchasing an additional 3,177 shares during the period. Fearless Solutions LLC dba Best Invest grew its holdings in shares of Vanguard S&P 500 ETF by 1.6% during the third quarter. Fearless Solutions LLC dba Best Invest now owns 3,465 shares of the company’s stock worth $2,429,000 after buying an additional 56 shares during the last quarter. Finally, Citrine Capital LLC lifted its position in Vanguard S&P 500 ETF by 8.3% during the 3rd quarter. Citrine Capital LLC now owns 2,297 shares of the company’s stock worth $1,610,000 after acquiring an additional 177 shares during the period.

Vanguard S&P 500 ETF Stock Performance

Shares of Vanguard S&P 500 ETF stock opened at $707.43 on Thursday. The company has a market cap of $1.04 trillion, a P/E ratio of 24.97 and a beta of 1.00. The firm has a fifty day moving average of $706.69 and a two-hundred day moving average of $682.80. Vanguard S&P 500 ETF has a one year low of $578.46 and a one year high of $718.47.

Trending Headlines about Vanguard S&P 500 ETF

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

• Positive Sentiment: Citi maintained a bullish scenario for the S&P 500, projecting a potential year-end level of 8,100 if currently weak market segments stabilize and participate in the rally. Such a move would generally benefit VOO. Citi Says the S&P 500 Hits 8,100
• Neutral Sentiment: U.S. stock futures initially edged higher ahead of major-bank earnings and inflation data, indicating some investor optimism and providing a temporary supportive backdrop for VOO. S&P 500, Dow futures rise ahead of big bank results
• Neutral Sentiment: Market commentary continues to favor diversified, long-term S&P 500 investing, noting the difficulty of consistently selecting stocks that outperform the index. This supports VOO’s long-term diversification case but is unlikely to affect the fund’s immediate trading. No One Owns A Stock That Beat The S&P 500 Every Year
• Negative Sentiment: Hot core CPI caused Treasury yields to rise, with higher long-term borrowing costs weighing on growth-oriented stocks and semiconductor shares. The resulting pressure on major S&P 500 components was the clearest near-term headwind for VOO. S&P500: Hot CPI Puts Long-Term Yields Back in Control
• Negative Sentiment: Weakness in chip stocks also pressured the broader index as investors awaited bank earnings, adding to the market’s sensitivity to interest rates and earnings expectations. S&P 500 futures muted as investors await big bank earnings

Vanguard S&P 500 ETF Company 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.