Wellington Altus USA Inc. Sells 919 Shares of Vanguard S&P 500 ETF $VOO

Wellington Altus USA Inc. lessened its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 30.7% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,071 shares of the company’s stock after selling 919 shares during the quarter. Vanguard S&P 500 ETF makes up about 0.9% of Wellington Altus USA Inc.’s investment portfolio, making the stock its 23rd largest position. Wellington Altus USA Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,422,000 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. Birch Capital Management LLC bought a new position in shares of Vanguard S&P 500 ETF during the 2nd quarter worth about $25,000. RHL Group LLC increased its stake in Vanguard S&P 500 ETF by 50.0% in the second quarter. RHL Group LLC now owns 48 shares of the company’s stock valued at $33,000 after acquiring an additional 16 shares during the period. Lifetime Wealth Management P.C. acquired a new position in Vanguard S&P 500 ETF in the fourth quarter worth about $41,000. XP Advisory US Inc. bought a new position in Vanguard S&P 500 ETF during the second quarter worth about $45,000. Finally, Evelyn Partners Investment Management LLP lifted its stake in Vanguard S&P 500 ETF by 3,750.0% during the fourth quarter. Evelyn Partners Investment Management LLP now owns 77 shares of the company’s stock worth $48,000 after purchasing an additional 75 shares during the period.

Vanguard S&P 500 ETF News Summary

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

• Positive Sentiment: Technology-led market rebound: The S&P 500 and Nasdaq posted their strongest gains in roughly six weeks as yields eased and technology stocks recovered. This was the most direct catalyst for VOO’s increase. The S&P 500 and Nasdaq Post Biggest Gains in Six Weeks
• Positive Sentiment: Strong ETF demand: Record inflows across the ETF industry point to continued investor appetite for low-cost, diversified funds such as VOO, supporting the fund’s long-term appeal. ETF Prime: Record Inflows and the First TXSE ETF Launch
• Positive Sentiment: Index composition changes: Three companies are scheduled to join the S&P 500. The additions could modestly affect VOO’s holdings and sector exposure, although their impact will likely be limited because VOO is market-cap weighted. Three Stocks Are Joining the S&P 500
• Neutral Sentiment: Long-term case remains intact: Articles highlighting VOO’s historical returns and the S&P 500’s resilience near record highs support continued, systematic investing, but they are historical observations rather than new earnings catalysts. The S&P 500 Is Near Record Highs
• Negative Sentiment: Interest-rate and valuation risks persist: The Federal Reserve’s rate hike, elevated yields, oil prices, and warnings that the S&P 500 could retreat create a risk that the rally is short-lived. VOO is also trading near its 12-month high, leaving it sensitive to profit-taking and disappointing economic data. Nasdaq Index and S&P500: Tech Rebounds as Yields Fall After Fed Hike

Vanguard S&P 500 ETF Stock Performance

NYSEARCA VOO traded up $7.79 during trading on Thursday, reaching $701.03. 9,886,977 shares of the company traded hands, compared to its average volume of 8,659,963. Vanguard S&P 500 ETF has a 1-year low of $578.46 and a 1-year high of $716.39. The company has a market cap of $987.04 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The stock’s 50 day moving average price is $698.30 and its two-hundred day moving average price is $669.62.

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.