Acorn Financial Advisory Services Inc. ADV Sells 31,261 Shares of Vanguard S&P 500 ETF $VOO

Acorn Financial Advisory Services Inc. ADV trimmed its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 30.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 70,480 shares of the company’s stock after selling 31,261 shares during the quarter. Vanguard S&P 500 ETF accounts for 5.8% of Acorn Financial Advisory Services Inc. ADV’s holdings, making the stock its 4th largest holding. Acorn Financial Advisory Services Inc. ADV’s holdings in Vanguard S&P 500 ETF were worth $42,115,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Flagship Private Wealth LLC boosted its holdings in shares of Vanguard S&P 500 ETF by 5.5% in the 1st quarter. Flagship Private Wealth LLC now owns 439 shares of the company’s stock valued at $263,000 after purchasing an additional 23 shares in the last quarter. Mitchell Mcleod Pugh & Williams Inc. increased its stake in shares of Vanguard S&P 500 ETF by 0.5% in the 1st quarter. Mitchell Mcleod Pugh & Williams Inc. now owns 81,582 shares of the company’s stock valued at $48,749,000 after purchasing an additional 410 shares during the last quarter. Walker Asset Management LLC raised its holdings in shares of Vanguard S&P 500 ETF by 5.3% during the 1st quarter. Walker Asset Management LLC now owns 2,539 shares of the company’s stock worth $1,517,000 after buying an additional 127 shares in the last quarter. North Point Portfolio Managers Corp OH lifted its position in shares of Vanguard S&P 500 ETF by 493.2% during the 1st quarter. North Point Portfolio Managers Corp OH now owns 7,225 shares of the company’s stock worth $4,317,000 after buying an additional 6,007 shares during the last quarter. Finally, Impact Partnership Wealth LLC lifted its position in shares of Vanguard S&P 500 ETF by 10.3% during the 1st quarter. Impact Partnership Wealth LLC now owns 1,841 shares of the company’s stock worth $1,100,000 after buying an additional 172 shares during the last quarter.

More Vanguard S&P 500 ETF News

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

• Positive Sentiment: VOO gained after weaker-than-expected U.S. labor market data boosted expectations that the Federal Reserve could ease policy sooner, helping large-cap equities and the S&P 500 broadly. VOO ETF Surges on Weaker Labor Market Data Amid Tech Stock Drag
• Positive Sentiment: Several articles pointed to the S&P 500’s strong recent performance and the possibility of continued support from solid earnings growth and AI-related momentum, which is constructive for a broad-market ETF like VOO. S&P 500 companies expected to clear high bar in Q2 earnings season
• Positive Sentiment: Commentary highlighting VOO’s long-term compounding appeal and historical strength of the S&P 500 may support investor demand for the ETF as a core buy-and-hold holding. Where Will VOO Be in 20 Years? Here’s What History Suggests.
• Neutral Sentiment: Articles comparing VOO with other ETFs such as SCHD, and discussing diversification or historical returns, are mostly educational and don’t appear to have a direct near-term impact on the fund. VOO vs. SCHD: Which ETF Should You Buy?
• Negative Sentiment: Several pieces criticized VOO’s low headline fee as hiding other costs or argued that cheaper alternatives may offer better value, which could weigh on sentiment at the margin. VOO’s 0.03% Fee Hides the Real Cost: Why Cheaper Competitors Charge Half as Much

Vanguard S&P 500 ETF Stock Down 0.1%

NYSEARCA:VOO opened at $684.84 on Friday. The stock’s 50-day simple moving average is $679.12 and its 200 day simple moving average is $644.86. The firm has a market capitalization of $980.45 billion, a PE ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a twelve month low of $567.98 and a twelve month high of $699.15.

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.