Leo Wealth LLC Makes New $6.92 Million Investment in Vanguard S&P 500 ETF $VOO

Leo Wealth LLC acquired a new stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 9,874 shares of the company’s stock, valued at approximately $6,920,000. Vanguard S&P 500 ETF makes up approximately 1.5% of Leo Wealth LLC’s holdings, making the stock its 11th biggest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in VOO. Birch Capital Management LLC purchased a new position in Vanguard S&P 500 ETF in the second quarter worth $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 last quarter. XP Advisory US Inc. purchased a new stake in Vanguard S&P 500 ETF during the second quarter valued at about $45,000. Signature Equity Partners LLC raised its position in Vanguard S&P 500 ETF by 68.0% during the first quarter. Signature Equity Partners LLC now owns 84 shares of the company’s stock valued at $50,000 after purchasing an additional 34 shares in the last quarter. Finally, Commonwealth Retirement Investments LLC purchased a new stake in Vanguard S&P 500 ETF during the second quarter valued at about $53,000.

Vanguard S&P 500 ETF Stock Up 0.3%

Shares of VOO stock opened at $709.90 on Thursday. The business has a 50-day moving average price of $705.82 and a two-hundred day moving average price of $669.33. Vanguard S&P 500 ETF has a 12-month low of $578.46 and a 12-month high of $718.47. The firm has a market cap of $1.05 trillion, a P/E 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 data shows the S&P 500 rose from the end of October through April in 58 of 76 years, with an average gain of about 7%, providing a potentially favorable seasonal backdrop for VOO. Seasonal S&P 500 performance
• Positive Sentiment: Long-term investing research indicates that staying invested has historically produced results close to those of idealized market timing. Warren Buffett’s support for low-cost S&P 500 index funds reinforces VOO’s appeal as a core holding. S&P 500 buy-the-dip analysis
• Neutral Sentiment: The Federal Reserve’s policy statement, commentary on inflation and upcoming major technology earnings could determine the next move for the S&P 500, making near-term direction highly dependent on macroeconomic and earnings news. Fed policy and index outlook
• Neutral Sentiment: Although market corrections can be sharp, historical analysis suggests a crash is not necessarily imminent and that bear markets have often been relatively short-lived. S&P 500 crash analysis
• Negative Sentiment: VOO is increasingly concentrated: its 10 largest holdings and technology exposure each represent roughly 40% of assets. That concentration could hurt diversification and returns if mega-cap technology stocks weaken. S&P 500 concentration risks
• Negative Sentiment: Another analysis warns that S&P 500 valuations are approaching levels associated with the dot-com bubble. Higher interest rates, geopolitical conflict and disappointment in the artificial-intelligence boom could trigger a significant sell-off. S&P 500 valuation risk

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.