WASHINGTON TRUST Co Grows Position in Vanguard S&P 500 ETF $VOO

WASHINGTON TRUST Co raised its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.6% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 169,390 shares of the company’s stock after acquiring an additional 2,716 shares during the period. Vanguard S&P 500 ETF comprises 3.5% of WASHINGTON TRUST Co’s portfolio, making the stock its 5th biggest position. WASHINGTON TRUST Co’s holdings in Vanguard S&P 500 ETF were worth $106,230,000 at the end of the most recent reporting period.

Other institutional investors have also recently bought and sold shares of the company. Nvest Wealth Strategies Inc. acquired a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $26,000. Camelot Portfolios LLC acquired a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $27,000. United Community Bank acquired a new position in shares of Vanguard S&P 500 ETF during the 4th quarter worth approximately $27,000. Clear Investment Research LLC acquired a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth approximately $28,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of Vanguard S&P 500 ETF during the 3rd quarter worth approximately $29,000.

Vanguard S&P 500 ETF Stock Up 0.2%

NYSEARCA:VOO opened at $695.49 on Friday. The firm has a market capitalization of $950.94 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a twelve month low of $536.16 and a twelve month high of $697.00. The stock’s 50 day moving average price is $646.37 and its two-hundred day moving average price is $634.38.

Key Stories Impacting Vanguard S&P 500 ETF

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

• Positive Sentiment: The S&P 500 extended its winning streak and the Dow also joined the record run, a supportive backdrop for Vanguard S&P 500 ETF (VOO) since it tracks the index. Article Title
• Positive Sentiment: Stocks moved higher on reports of a possible U.S.-Iran ceasefire extension and negotiations, which boosted risk appetite and pushed the S&P 500 to fresh highs. Article Title
• Positive Sentiment: VOO is nearing a historic $1 trillion in assets under management, underscoring strong investor demand for low-cost U.S. equity exposure. Article Title
• Neutral Sentiment: Market coverage noted that the ETF was edging higher in pre-market trading as investors watched inflation data and other macro signals that could influence the Fed outlook. Article Title
• Negative Sentiment: Some commentary warned that cracks may be forming in the bull market and that the market is trading at record highs, which could temper enthusiasm for VOO despite the uptrend. Article Title
• Negative Sentiment: Michael Burry’s latest warning that the market may be nearing a top adds a cautionary tone for index funds tied to the S&P 500. Article Title

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.