Mitchell Mcleod Pugh & Williams Inc. Increases Stock Holdings in Vanguard S&P 500 ETF $VOO

Mitchell Mcleod Pugh & Williams Inc. boosted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 81,172 shares of the company’s stock after acquiring an additional 2,185 shares during the period. Vanguard S&P 500 ETF accounts for about 7.5% of Mitchell Mcleod Pugh & Williams Inc.’s holdings, making the stock its biggest position. Mitchell Mcleod Pugh & Williams Inc.’s holdings in Vanguard S&P 500 ETF were worth $51,806,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. M Holdings Securities Inc. bought a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at $12,987,000. Jessup Wealth Management Inc lifted its stake in shares of Vanguard S&P 500 ETF by 4.5% in the fourth quarter. Jessup Wealth Management Inc now owns 2,101 shares of the company’s stock valued at $1,318,000 after buying an additional 90 shares in the last quarter. VeraBank N.A. lifted its stake in shares of Vanguard S&P 500 ETF by 65.9% in the fourth quarter. VeraBank N.A. now owns 564 shares of the company’s stock valued at $354,000 after buying an additional 224 shares in the last quarter. Wellspring Financial Advisors LLC lifted its stake in shares of Vanguard S&P 500 ETF by 10.7% in the fourth quarter. Wellspring Financial Advisors LLC now owns 363,792 shares of the company’s stock valued at $228,145,000 after buying an additional 35,058 shares in the last quarter. Finally, J.Safra Asset Management Corp bought a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at $10,853,000.

Vanguard S&P 500 ETF Trading Down 1.6%

Vanguard S&P 500 ETF stock opened at $667.05 on Thursday. Vanguard S&P 500 ETF has a 1-year low of $545.75 and a 1-year high of $699.15. The firm has a market capitalization of $912.06 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The firm’s fifty day moving average price is $660.59 and its two-hundred day moving average price is $638.43.

Key Stories Impacting Vanguard S&P 500 ETF

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

• Positive Sentiment: VOO continues to be highlighted as a low-cost, broadly diversified core holding, and several articles note that it remains a favorite for long-term investors seeking simple exposure to large U.S. companies. The Best Vanguard ETFs to Buy
• Neutral Sentiment: New comparisons between VOO and Vanguard Total Stock Market ETF (VTI) are keeping attention on allocation choices, but these pieces are mostly educational and do not signal a direct change in fundamentals. VOO vs. VTI: Should You Own the S&P 500 or the Entire Market?
• Neutral Sentiment: Articles about VOO’s relatively low dividend yield versus dividend-focused ETFs may encourage some income investors to look elsewhere, but this is more of a portfolio preference issue than a direct negative for the fund. 3 Vanguard Dividend ETFs That Beat VOO’s 1% Yield
• Negative Sentiment: Several market updates warn that the S&P 500 is vulnerable to further declines because of Iran-related tensions, inflation above 4%, and a chip-sector selloff, which could drag VOO lower as a broad market proxy. S&P 500 Index: Iran Threats, 4% Inflation and Chip Rout Sink Stocks
• Negative Sentiment: Warnings that “warning signals” are flashing and that investors should take profits suggest elevated caution around U.S. stocks, reinforcing near-term downside pressure for VOO. Banking giant warns investors to take profits amid ‘too many red flags’
• Negative Sentiment: Other commentary says the broader market could fall further as bond yields rise and investors continue to rotate out of risk assets, which is unfavorable for an ETF like VOO that tracks the S&P 500. Here’s why the S&P 500 Index, SPYM, SPY, and VOO ETFs may drop 5.4% soon

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.