First American Bank grew its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 15.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 28,703 shares of the company’s stock after acquiring an additional 3,793 shares during the period. Vanguard S&P 500 ETF comprises approximately 1.1% of First American Bank’s portfolio, making the stock its 22nd largest position. First American Bank’s holdings in Vanguard S&P 500 ETF were worth $17,151,000 as of its most recent SEC filing.
A number of other large investors have also modified their holdings of VOO. Nvest Wealth Strategies Inc. purchased a new stake in Vanguard S&P 500 ETF during the 4th quarter worth about $26,000. Camelot Portfolios LLC purchased a new position in shares of Vanguard S&P 500 ETF in the 4th quarter valued at about $27,000. United Community Bank acquired a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth about $27,000. Quattro Advisors LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter worth approximately $27,000. Finally, Creative Capital Management Investments LLC increased its stake in shares of Vanguard S&P 500 ETF by 900.0% during the fourth quarter. Creative Capital Management Investments LLC now owns 50 shares of the company’s stock worth $31,000 after buying an additional 45 shares during the period.
Vanguard S&P 500 ETF Stock Down 0.8%
Shares of Vanguard S&P 500 ETF stock opened at $670.26 on Friday. Vanguard S&P 500 ETF has a 52-week low of $563.21 and a 52-week high of $699.15. The company has a market capitalization of $916.45 billion, a P/E ratio of 24.97 and a beta of 1.00. The company has a 50 day moving average of $676.28 and a 200 day moving average of $643.23.
Vanguard S&P 500 ETF News Summary
- Positive Sentiment: VOO became the first ETF ever to surpass $1 trillion in assets, highlighting strong investor demand and reinforcing its status as a core market holding. VOO Became the First ETF to Hit $1 Trillion, but Nearly 40% of It Is Now Tech
- Positive Sentiment: Several pieces reinforce the ETF’s appeal as a long-term wealth-building tool, including articles highlighting its low cost, simple diversification, and ability to compound over time. Cost Conscious? Vanguard S&P 500 ETF Tops SPDR Rival
- Neutral Sentiment: Because VOO tracks the S&P 500, broader market optimism — including forecasts for further gains in the index — can support the ETF, but it also means performance depends heavily on large-cap U.S. equities. This Strategist Thinks the S&P 500 Could Smash Through 8,000 ‘In the Near Term’
- Negative Sentiment: Recent reports say VOO has declined for seven straight sessions, and some traders see risk that the market’s strong rally is due for a breather or reversal. VOO stock: Here’s why the S&P 500 Index could be on the verge of a reversal
- Negative Sentiment: One article also notes VOO’s heavy technology concentration, with nearly 40% of assets now in tech, which could increase sensitivity if megacap tech weakens. VOO Became the First ETF to Hit $1 Trillion, but Nearly 40% of It Is Now Tech
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.
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