Vanguard S&P 500 ETF $VOO Shares Bought by Moran Wealth Management LLC

Moran Wealth Management LLC lifted its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 200.9% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,279 shares of the company’s stock after buying an additional 2,857 shares during the period. Moran Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $2,939,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the business. Innovative Asset Advisors Group LLC boosted its position in Vanguard S&P 500 ETF by 9.8% during the 2nd quarter. Innovative Asset Advisors Group LLC now owns 3,494 shares of the company’s stock worth $2,400,000 after acquiring an additional 312 shares during the period. Up Capital Management Inc. grew its position in Vanguard S&P 500 ETF by 9.1% in the 2nd quarter. Up Capital Management Inc. now owns 23,126 shares of the company’s stock valued at $15,883,000 after buying an additional 1,933 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Vanguard S&P 500 ETF by 9.5% during the 2nd quarter. Janney Montgomery Scott LLC now owns 423,413 shares of the company’s stock valued at $290,804,000 after buying an additional 36,828 shares during the period. VCI Wealth Management LLC bought a new stake in shares of Vanguard S&P 500 ETF during the 2nd quarter worth about $350,000. Finally, LFG Wealth Partners LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 35.9% in the second quarter. LFG Wealth Partners LLC now owns 3,849 shares of the company’s stock valued at $2,643,000 after acquiring an additional 1,016 shares in the last quarter.

Vanguard S&P 500 ETF News Roundup

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

• Positive Sentiment: Recent commentary continues to highlight VOO’s decade-long compounding record, reinforcing its appeal as a low-cost core portfolio holding for long-term investors. 1 Unstoppable Vanguard ETF I Wish I’d Bought 10 Years Ago
• Positive Sentiment: The S&P 500’s gain of more than 33% since President Trump’s reelection demonstrates the index’s recent momentum, although the article notes that market performance has not historically determined midterm election outcomes. The S&P 500 Has Gained More Than 33% Since Trump’s Election
• Neutral Sentiment: Comparisons with Vanguard Total Stock Market ETF (VTI) present VOO as one of the two dominant choices for a core holding, but the debate could influence new investment flows between the funds rather than materially change VOO’s underlying outlook. VOO vs VTI
• Neutral Sentiment: Articles promoting higher-performing or actively managed ETFs highlight competition for investor allocations, while also underscoring VOO’s advantages in diversification, simplicity and typically low costs. What Advisors Should Weigh Before Buying Active ETFs
• Negative Sentiment: Higher Treasury yields pressured stocks, while Walmart’s raised consumer concerns and renewed geopolitical tensions involving Iran added to risk aversion across the S&P 500. S&P500 Forecast: Long Yields Return as Walmart Hits the Dow
• Negative Sentiment: Earlier weakness in Asian markets and investor caution ahead of the Federal Reserve’s August meeting minutes created additional near-term pressure on broad-market ETFs. Stock Market: Will S&P 500 Open Up or Down Today?

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA:VOO opened at $701.01 on Friday. The stock has a market cap of $999.35 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12 month low of $578.46 and a 12 month high of $716.39. The stock’s 50 day moving average price is $691.00 and its 200 day moving average price is $660.12.

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.