Fifth Third Bancorp Sells 13,539 Shares of Vanguard S&P 500 ETF $VOO

Fifth Third Bancorp lowered its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 714,278 shares of the company’s stock after selling 13,539 shares during the quarter. Vanguard S&P 500 ETF comprises about 0.8% of Fifth Third Bancorp’s investment portfolio, making the stock its 22nd biggest position. Fifth Third Bancorp’s holdings in Vanguard S&P 500 ETF were worth $500,609,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the business. Gallagher Capital Advisors LLC increased its position 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 raised its holdings in 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 valued at $60,000 after buying an additional 15 shares in the last quarter. Spinnaker Trust raised its holdings in Vanguard S&P 500 ETF by 0.4% during the second quarter. Spinnaker Trust now owns 3,643 shares of the company’s stock valued at $2,502,000 after buying an additional 15 shares in the last quarter. Roxbury Financial LLC raised its holdings 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 valued at $217,000 after buying an additional 15 shares in the last quarter. Finally, PMG Family Office LLC lifted its position in shares of Vanguard S&P 500 ETF by 1.6% in the third quarter. PMG Family Office LLC now owns 967 shares of the company’s stock worth $678,000 after buying an additional 15 shares during the last quarter.

Vanguard S&P 500 ETF News Roundup

Investors following VOO have been watching these news items:

• Positive Sentiment: U.S. stock futures rose after CoreWeave eased concerns about AI-related spending, a potential near-term tailwind for the S&P 500 and VOO. Article: S&P 500, Nasdaq futures rise after CoreWeave soothes AI spending fears
• Neutral Sentiment: Other coverage presents VOO as a long-term way to invest in the U.S. economy and highlights its historical returns. This supports the fund’s long-term appeal but does not provide a specific near-term catalyst. Article: If You Invest $500 a Month in VOO Starting Today, Here’s What History Says
• Negative Sentiment: Reuters technical analysis warned the S&P 500 could face further losses. Because VOO follows the index, continued weakness would likely weigh on the ETF. Article: Mapping the Market: S&P 500 at risk of further losses

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA:VOO opened at $698.35 on Thursday. The stock has a market capitalization of $1.05 trillion, a P/E ratio of 24.97 and a beta of 1.00. The business has a 50-day moving average of $703.39 and a two-hundred day moving average of $672.22. Vanguard S&P 500 ETF has a fifty-two week low of $578.46 and a fifty-two week high of $718.47.

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.