Vanguard S&P 500 ETF $VOO Stock Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. lessened its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 37.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,686 shares of the company’s stock after selling 1,612 shares during the period. Vanguard S&P 500 ETF accounts for 3.1% of Thurston Springer Miller Herd & Titak Inc.’s investment portfolio, making the stock its 3rd biggest position. Thurston Springer Miller Herd & Titak Inc.’s holdings in Vanguard S&P 500 ETF were worth $1,883,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of VOO. Bill Few Associates Inc. raised its position in shares of Vanguard S&P 500 ETF by 30.4% in the 2nd quarter. Bill Few Associates Inc. now owns 13,143 shares of the company’s stock worth $9,026,000 after acquiring an additional 3,064 shares in the last quarter. Glassman Wealth Services boosted its position in shares of Vanguard S&P 500 ETF by 1.0% during the first quarter. Glassman Wealth Services now owns 288,044 shares of the company’s stock valued at $172,121,000 after purchasing an additional 2,991 shares in the last quarter. Fullerton Fund Management Co Ltd. bought a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at approximately $5,677,000. Park National Corp OH boosted its position in shares of Vanguard S&P 500 ETF by 823.6% during the third quarter. Park National Corp OH now owns 193,537 shares of the company’s stock valued at $135,642,000 after purchasing an additional 172,583 shares in the last quarter. Finally, Planning Project LLC purchased a new stake in Vanguard S&P 500 ETF in the second quarter worth $8,527,000.

Vanguard S&P 500 ETF Stock Down 1.1%

Shares of VOO stock opened at $707.43 on Thursday. The stock has a market cap of $1.04 trillion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The business’s fifty day moving average is $706.69 and its 200 day moving average is $682.80. Vanguard S&P 500 ETF has a twelve month low of $578.46 and a twelve month high of $718.47.

Vanguard S&P 500 ETF News Summary

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.