Factor Wealth Management LTD Increases Position in Vanguard S&P 500 ETF $VOO

Factor Wealth Management LTD lifted its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 56.0% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 58,181 shares of the company’s stock after buying an additional 20,894 shares during the period. Vanguard S&P 500 ETF makes up approximately 6.0% of Factor Wealth Management LTD’s holdings, making the stock its 2nd largest holding. Factor Wealth Management LTD’s holdings in Vanguard S&P 500 ETF were worth $39,959,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Nvest Wealth Strategies Inc. purchased a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at approximately $26,000. Camelot Portfolios LLC purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter worth $27,000. United Community Bank purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter worth $27,000. Quattro Advisors LLC bought a new stake in Vanguard S&P 500 ETF during the 4th quarter valued at $27,000. Finally, Creative Capital Management Investments LLC raised its holdings in Vanguard S&P 500 ETF by 900.0% during the 4th quarter. Creative Capital Management Investments LLC now owns 50 shares of the company’s stock valued at $31,000 after buying an additional 45 shares during the last quarter.

Vanguard S&P 500 ETF Stock Down 0.2%

Shares of VOO opened at $706.40 on Friday. The stock has a market capitalization of $1.01 trillion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a twelve month low of $578.31 and a twelve month high of $714.16. The firm has a fifty day simple moving average of $686.38 and a two-hundred day simple moving average of $654.87.

Vanguard S&P 500 ETF News Roundup

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

• Positive Sentiment: U.S. stocks recently reached record highs as lower oil prices and weaker private-sector employment data eased concerns about renewed inflation and aggressive Federal Reserve policy. A broadening market rally could support VOO, which tracks the S&P 500. S&P 500 and Dow Jones: Earnings and Oil Relief Push Stocks to Records
• Positive Sentiment: Reports that roughly 500,000 newly opened Trump Accounts may direct investors toward S&P 500 funds highlight potential long-term retail demand for VOO. The ETF is frequently presented as a simple, low-cost core holding. Trump Accounts Are Open
• Positive Sentiment: Investor commentary continues to cite Warren Buffett’s preference for buying and holding low-cost S&P 500 index funds, reinforcing VOO’s appeal as a long-term wealth-building vehicle. Warren Buffett’s Wealth-Building Strategy

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.