Coastline Trust Co Sells 1,658 Shares of Vanguard S&P 500 ETF $VOO

Coastline Trust Co decreased its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 14.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 9,574 shares of the company’s stock after selling 1,658 shares during the quarter. Coastline Trust Co’s holdings in Vanguard S&P 500 ETF were worth $6,710,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VOO. Greenwich Wealth Management LLC grew its stake in shares of Vanguard S&P 500 ETF by 0.3% in the second quarter. Greenwich Wealth Management LLC now owns 14,701 shares of the company’s stock valued at $10,097,000 after buying an additional 46 shares in the last quarter. Atomic Invest LLC lifted its stake in Vanguard S&P 500 ETF by 5.3% during the 2nd quarter. Atomic Invest LLC now owns 34,956 shares of the company’s stock worth $23,806,000 after acquiring an additional 1,759 shares in the last quarter. QRG Capital Management Inc. boosted its holdings in Vanguard S&P 500 ETF by 8.9% during the 2nd quarter. QRG Capital Management Inc. now owns 86,890 shares of the company’s stock valued at $59,677,000 after acquiring an additional 7,103 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in Vanguard S&P 500 ETF by 0.5% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 276,737 shares of the company’s stock valued at $190,066,000 after acquiring an additional 1,285 shares during the period. Finally, Envestnet Asset Management Inc. grew its position in Vanguard S&P 500 ETF by 1.3% in the 2nd quarter. Envestnet Asset Management Inc. now owns 10,822,531 shares of the company’s stock valued at $7,432,569,000 after acquiring an additional 142,360 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

Shares of VOO stock traded down $0.74 during trading on Thursday, reaching $700.12. The company’s stock had a trading volume of 4,559,184 shares, compared to its average volume of 8,722,478. Vanguard S&P 500 ETF has a 1-year low of $578.46 and a 1-year high of $716.39. The stock’s 50-day moving average price is $701.74 and its 200 day moving average price is $675.37. The company has a market capitalization of $1.04 trillion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF News Roundup

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

• Positive Sentiment: Historical analysis remains supportive of long-term ownership: a $10,000 investment in an S&P 500 ETF during the previous bear market would have generated a substantial total return, reinforcing VOO’s buy-and-hold appeal. If You’d Invested $10,000 in an S&P 500 ETF During the Last Bear Market
• Positive Sentiment: Wall Street expects continued gains for the S&P 500, supported by strong corporate results and heavy artificial-intelligence investment, which could benefit VOO’s diversified holdings. The Stock Market Is Going to Soar, According to Wall Street
• Positive Sentiment: Seasonal market trends point to a historically stronger period for the S&P 500, while continued Nvidia growth and AI demand provide fundamental support for index earnings. The S&P 500 Is Entering a Historically Bullish Stretch
• Neutral Sentiment: October could bring increased volatility as investors respond to economic data, Federal Reserve policy, earnings, and other market catalysts. VOO and SPY: Top 3 Catalysts for S&P 500 ETFs in October
• Neutral Sentiment: Articles highlighting alternative Vanguard ETFs and core-satellite strategies may divert some investor attention from VOO, but they also underscore its role as a low-cost core holding. 3 Vanguard ETFs with 24%+ Upside to Watch Over VOO
• Negative Sentiment: VOO’s roughly 25 P/E ratio and proximity to an all-time high leave the market vulnerable to profit-taking, particularly if higher interest rates pressure valuations despite solid earnings. The S&P 500 Is Near an All-Time High but Trading at Its Lowest Valuation in a Year

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.