Vanguard S&P 500 ETF $VOO Position Raised by SFM LLC d b a Sweeney Financial Advisors

SFM LLC d b a Sweeney Financial Advisors increased its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 4.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,107 shares of the company’s stock after purchasing an additional 2,773 shares during the quarter. Vanguard S&P 500 ETF makes up about 23.9% of SFM LLC d b a Sweeney Financial Advisors’ investment portfolio, making the stock its biggest holding. SFM LLC d b a Sweeney Financial Advisors’ holdings in Vanguard S&P 500 ETF were worth $47,032,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VOO. Gallagher Capital Advisors LLC increased its holdings in Vanguard S&P 500 ETF by 1.6% during the third quarter. Gallagher Capital Advisors LLC now owns 878 shares of the company’s stock worth $616,000 after buying an additional 14 shares during the last quarter. Bay Harbor Wealth Management LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 20.8% during the second quarter. Bay Harbor Wealth Management LLC now owns 87 shares of the company’s stock worth $60,000 after acquiring an additional 15 shares during the period. Spinnaker Trust boosted its stake in Vanguard S&P 500 ETF by 0.4% in the 2nd quarter. Spinnaker Trust now owns 3,643 shares of the company’s stock valued at $2,502,000 after purchasing an additional 15 shares during the period. Roxbury Financial LLC increased its position in Vanguard S&P 500 ETF by 5.1% during the third quarter. Roxbury Financial LLC now owns 310 shares of the company’s stock worth $217,000 after acquiring an additional 15 shares during the period. Finally, Hibernia Wealth Partners LLC grew its position in shares of Vanguard S&P 500 ETF by 2.6% during the 1st quarter. Hibernia Wealth Partners LLC now owns 626 shares of the company’s stock worth $374,000 after purchasing an additional 16 shares in the last quarter.

Vanguard S&P 500 ETF Price Performance

Vanguard S&P 500 ETF stock opened at $707.43 on Thursday. The firm has a market cap of $1.04 trillion, a PE ratio of 24.97 and a beta of 1.00. The stock’s fifty day moving average price is $706.69 and its two-hundred day moving average price is $682.80. Vanguard S&P 500 ETF has a one year low of $578.46 and a one year high of $718.47.

Key Vanguard S&P 500 ETF News

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

• Positive Sentiment: Citi maintained a bullish scenario for the S&P 500, projecting a potential year-end level of 8,100 if currently weak market segments stabilize and participate in the rally. Such a move would generally benefit VOO. Citi Says the S&P 500 Hits 8,100
• Neutral Sentiment: U.S. stock futures initially edged higher ahead of major-bank earnings and inflation data, indicating some investor optimism and providing a temporary supportive backdrop for VOO. S&P 500, Dow futures rise ahead of big bank results
• Neutral Sentiment: Market commentary continues to favor diversified, long-term S&P 500 investing, noting the difficulty of consistently selecting stocks that outperform the index. This supports VOO’s long-term diversification case but is unlikely to affect the fund’s immediate trading. No One Owns A Stock That Beat The S&P 500 Every Year
• Negative Sentiment: Hot core CPI caused Treasury yields to rise, with higher long-term borrowing costs weighing on growth-oriented stocks and semiconductor shares. The resulting pressure on major S&P 500 components was the clearest near-term headwind for VOO. S&P500: Hot CPI Puts Long-Term Yields Back in Control
• Negative Sentiment: Weakness in chip stocks also pressured the broader index as investors awaited bank earnings, adding to the market’s sensitivity to interest rates and earnings expectations. S&P 500 futures muted as investors await big bank earnings

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.