First United Bank & Trust cut its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 10.4% in the 1st quarter, Holdings Channel.com reports. The firm owned 18,510 shares of the company’s stock after selling 2,144 shares during the period. Vanguard S&P 500 ETF makes up 3.6% of First United Bank & Trust’s portfolio, making the stock its 4th largest holding. First United Bank & Trust’s holdings in Vanguard S&P 500 ETF were worth $11,061,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nvest Wealth Strategies Inc. acquired a new stake in shares of Vanguard S&P 500 ETF in the 4th quarter worth $26,000. Camelot Portfolios LLC acquired a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth about $27,000. United Community Bank acquired a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth about $27,000. Quattro Advisors LLC purchased a new position in Vanguard S&P 500 ETF during the fourth quarter worth about $27,000. Finally, Creative Capital Management Investments LLC raised its holdings in Vanguard S&P 500 ETF by 900.0% during the fourth quarter. Creative Capital Management Investments LLC now owns 50 shares of the company’s stock worth $31,000 after purchasing an additional 45 shares in the last quarter.
Vanguard S&P 500 ETF Stock Performance
Shares of VOO opened at $670.26 on Monday. Vanguard S&P 500 ETF has a twelve month low of $563.21 and a twelve month high of $699.15. The stock’s 50 day moving average is $676.28 and its two-hundred day moving average is $643.33. The firm has a market capitalization of $916.45 billion, a PE ratio of 24.97 and a beta of 1.00.
Vanguard S&P 500 ETF News Roundup
- Positive Sentiment: VOO became the first ETF ever to surpass $1 trillion in assets, highlighting strong investor demand and reinforcing its status as a core market holding. VOO Became the First ETF to Hit $1 Trillion, but Nearly 40% of It Is Now Tech
- Positive Sentiment: Several pieces reinforce the ETF’s appeal as a long-term wealth-building tool, including articles highlighting its low cost, simple diversification, and ability to compound over time. Cost Conscious? Vanguard S&P 500 ETF Tops SPDR Rival
- Neutral Sentiment: Because VOO tracks the S&P 500, broader market optimism — including forecasts for further gains in the index — can support the ETF, but it also means performance depends heavily on large-cap U.S. equities. This Strategist Thinks the S&P 500 Could Smash Through 8,000 ‘In the Near Term’
- Negative Sentiment: Recent reports say VOO has declined for seven straight sessions, and some traders see risk that the market’s strong rally is due for a breather or reversal. VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal
- Negative Sentiment: One article also notes VOO’s heavy technology concentration, with nearly 40% of assets now in tech, which could increase sensitivity if megacap tech weakens. VOO Became the First ETF to Hit $1 Trillion, but Nearly 40% of It Is Now Tech
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.
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