Prospect Financial Services LLC Acquires 1,272 Shares of Vanguard S&P 500 ETF $VOO

Prospect Financial Services LLC raised its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 11.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 12,601 shares of the company’s stock after buying an additional 1,272 shares during the period. Vanguard S&P 500 ETF accounts for about 4.6% of Prospect Financial Services LLC’s portfolio, making the stock its 5th largest position. Prospect Financial Services LLC’s holdings in Vanguard S&P 500 ETF were worth $7,530,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Bellevue Asset Management LLC boosted its stake in shares of Vanguard S&P 500 ETF by 24.1% during the first quarter. Bellevue Asset Management LLC now owns 896 shares of the company’s stock valued at $536,000 after acquiring an additional 174 shares during the last quarter. EJMK Ventures LLC raised its stake in Vanguard S&P 500 ETF by 111.7% in the 1st quarter. EJMK Ventures LLC now owns 49,012 shares of the company’s stock valued at $29,287,000 after purchasing an additional 25,865 shares during the last quarter. Essex Financial Services Inc. lifted its holdings in Vanguard S&P 500 ETF by 4.4% in the 1st quarter. Essex Financial Services Inc. now owns 11,866 shares of the company’s stock valued at $7,091,000 after purchasing an additional 504 shares in the last quarter. Squire Investment Management Company LLC lifted its holdings in Vanguard S&P 500 ETF by 10.5% in the 1st quarter. Squire Investment Management Company LLC now owns 1,370 shares of the company’s stock valued at $819,000 after purchasing an additional 130 shares in the last quarter. Finally, Fulton Bank N.A. boosted its stake in shares of Vanguard S&P 500 ETF by 9.3% during the 1st quarter. Fulton Bank N.A. now owns 79,943 shares of the company’s stock worth $47,770,000 after purchasing an additional 6,786 shares during the last quarter.

Trending Headlines about Vanguard S&P 500 ETF

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

• Positive Sentiment: VOO gained after weaker-than-expected U.S. labor market data boosted expectations that the Federal Reserve could ease policy sooner, helping large-cap equities and the S&P 500 broadly. VOO ETF Surges on Weaker Labor Market Data Amid Tech Stock Drag
• Positive Sentiment: Several articles pointed to the S&P 500’s strong recent performance and the possibility of continued support from solid earnings growth and AI-related momentum, which is constructive for a broad-market ETF like VOO. S&P 500 companies expected to clear high bar in Q2 earnings season
• Positive Sentiment: Commentary highlighting VOO’s long-term compounding appeal and historical strength of the S&P 500 may support investor demand for the ETF as a core buy-and-hold holding. Where Will VOO Be in 20 Years? Here’s What History Suggests.
• Neutral Sentiment: Articles comparing VOO with other ETFs such as SCHD, and discussing diversification or historical returns, are mostly educational and don’t appear to have a direct near-term impact on the fund. VOO vs. SCHD: Which ETF Should You Buy?
• Negative Sentiment: Several pieces criticized VOO’s low headline fee as hiding other costs or argued that cheaper alternatives may offer better value, which could weigh on sentiment at the margin. VOO’s 0.03% Fee Hides the Real Cost: Why Cheaper Competitors Charge Half as Much

Vanguard S&P 500 ETF Stock Performance

Shares of VOO opened at $684.84 on Friday. Vanguard S&P 500 ETF has a 1 year low of $567.98 and a 1 year high of $699.15. The company’s 50 day simple moving average is $679.12 and its 200 day simple moving average is $644.86. The company has a market capitalization of $980.45 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

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.