Verus Capital Partners LLC Raises Stock Position in Vanguard S&P 500 ETF $VOO

Verus Capital Partners LLC boosted its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 641.4% in the 4th quarter, Holdings Channel.com reports. The fund owned 35,181 shares of the company’s stock after purchasing an additional 30,436 shares during the period. Vanguard S&P 500 ETF makes up 1.4% of Verus Capital Partners LLC’s holdings, making the stock its 12th largest holding. Verus Capital Partners LLC’s holdings in Vanguard S&P 500 ETF were worth $22,063,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Nvest Wealth Strategies Inc. purchased a new position in Vanguard S&P 500 ETF during the fourth quarter valued at approximately $26,000. United Community Bank purchased a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth about $27,000. Camelot Portfolios LLC purchased a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth about $27,000. Clear Investment Research LLC purchased a new position in shares of Vanguard S&P 500 ETF during the third quarter worth about $28,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of Vanguard S&P 500 ETF during the third quarter worth about $29,000.

Vanguard S&P 500 ETF Trading Down 0.7%

Shares of NYSEARCA VOO opened at $693.36 on Thursday. Vanguard S&P 500 ETF has a 12 month low of $543.34 and a 12 month high of $699.15. The firm has a market capitalization of $948.03 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The business has a 50-day moving average of $651.96 and a 200-day moving average of $635.95.

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 crossed the $1 trillion assets-under-management mark, making it the first ETF ever to reach that level and signaling powerful long-term inflows into the fund. VOO Just Made ETF History, Crossing $1T in Assets. Here’s Why Investors Can’t Stop Buying It
• Positive Sentiment: Fresh reporting says the ETF attracted about $1.7 billion in recent inflows, underscoring continued demand for low-fee S&P 500 exposure. Vanguard S&P 500 ETF becomes first to surpass $1 trillion
• Neutral Sentiment: Commentary noted that while VOO remains the flagship broad-market ETF, some investors are also looking at other Vanguard ETFs that could potentially outperform, which may modestly temper enthusiasm around VOO as the default choice. VOO Hits $1 Trillion — But These 3 Vanguard ETFs Could Outperform with 20%+ Upside
• Neutral Sentiment: Broader market coverage mentioned the S&P 500’s recent record highs and bull-market move, which generally supports VOO because it tracks the index, but also leaves the fund sensitive to any near-term pullbacks in stocks. Top catalysts moving the S&P 500 Index, SPY, and VOO ETFs today
• Negative Sentiment: Some market pieces flagged rising Treasury yields, oil prices, and caution around stretched valuations, all of which can pressure the S&P 500 and, by extension, VOO. S&P500: Forecast Turns Cautious as Oil and Yields Hit US Stocks Today

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.