Vanguard S&P 500 ETF $VOO is Fonville Wealth Management LLC’s 9th Largest Position

Fonville Wealth Management LLC reduced its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOOFree Report) by 5.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 14,348 shares of the company’s stock after selling 794 shares during the quarter. Vanguard S&P 500 ETF makes up 1.6% of Fonville Wealth Management LLC’s portfolio, making the stock its 9th biggest holding. Fonville Wealth Management LLC’s holdings in Vanguard S&P 500 ETF were worth $9,855,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the company. Birch Capital Management LLC acquired a new position in Vanguard S&P 500 ETF in the second quarter valued at approximately $25,000. Nvest Wealth Strategies Inc. purchased a new position in Vanguard S&P 500 ETF in the fourth quarter worth approximately $26,000. Camelot Portfolios LLC acquired a new stake in Vanguard S&P 500 ETF during the fourth quarter worth $27,000. United Community Bank acquired a new stake in Vanguard S&P 500 ETF during the fourth quarter worth $27,000. Finally, Quattro Advisors LLC acquired a new stake in Vanguard S&P 500 ETF during the fourth quarter worth $27,000.

Trending Headlines about Vanguard S&P 500 ETF

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

  • Positive Sentiment: Moderated wholesale inflation and softer-than-expected producer-price data reduced fears of additional Federal Reserve rate increases. Markets are increasingly betting that the Fed will hold rates steady in September, supporting large-cap stocks and VOO’s underlying holdings. S&P 500 Logs Third-Consecutive Weekly Gain
  • Positive Sentiment: The S&P 500 closed at another record high as easing inflation, lower oil prices, and continued technology-sector strength improved investor sentiment. This provides a favorable near-term backdrop for VOO, which tracks the index. Dow rises as S&P 500 closes at record high
  • Positive Sentiment: More than 40 S&P 500 companies reported approximately $9.6 billion in tariff refunds, with about $2.1 billion already received in cash. Refunds could support corporate earnings and cash flow across some of VOO’s holdings. S&P 500 Companies Claim First Payouts From $100 Billion Tariff Refund Wave
  • Neutral Sentiment: Long-term analysis notes that the S&P 500 has historically produced roughly 10% annualized total returns, supporting the case for holding VOO over extended periods. However, this is historical context rather than a direct catalyst for current trading. Where Will the Vanguard S&P 500 ETF Be in 20 Years?
  • Negative Sentiment: Renewed Middle East tensions and uncertainty heading into the weekend are limiting risk appetite, helping explain why VOO has pulled back even as the broader index remains near record levels. S&P 500 edges higher as earnings offset Middle East tensions
  • Negative Sentiment: Valuation is a longer-term concern: the S&P 500 is trading at an elevated earnings multiple, while Vanguard’s projected U.S. stock returns are below historical averages. High valuations may make VOO more sensitive to disappointing earnings or interest-rate surprises. The S&P 500 Costs 27.5 Times Earnings

Vanguard S&P 500 ETF Stock Down 0.2%

NYSEARCA:VOO opened at $713.61 on Friday. Vanguard S&P 500 ETF has a 52 week low of $578.46 and a 52 week high of $716.39. The stock’s fifty day moving average is $688.58 and its two-hundred day moving average is $658.07. The company has a market capitalization of $1.02 trillion, a P/E ratio of 24.97 and a beta of 1.00.

Vanguard S&P 500 ETF Company Profile

(Free Report)

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.

See Also

Want to see what other hedge funds are holding VOO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vanguard S&P 500 ETF (NYSEARCA:VOOFree Report).

Institutional Ownership by Quarter for Vanguard S&P 500 ETF (NYSEARCA:VOO)

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