Burney Co. Trims Stock Position in Vanguard S&P 500 ETF $VOO

Burney Co. cut its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.7% during the 1st quarter, Holdings Channel reports. The firm owned 31,166 shares of the company’s stock after selling 1,201 shares during the period. Vanguard S&P 500 ETF comprises approximately 0.6% of Burney Co.’s investment portfolio, making the stock its 25th biggest holding. Burney Co.’s holdings in Vanguard S&P 500 ETF were worth $18,623,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also modified their holdings of the business. Downshift Financial LLC lifted its stake in Vanguard S&P 500 ETF by 17.5% in the 1st quarter. Downshift Financial LLC now owns 5,011 shares of the company’s stock valued at $3,269,000 after buying an additional 748 shares in the last quarter. Strata Wealth Advisors LLC increased its position in Vanguard S&P 500 ETF by 175.3% during the first quarter. Strata Wealth Advisors LLC now owns 10,718 shares of the company’s stock worth $6,405,000 after buying an additional 6,825 shares in the last quarter. Interactive Financial Advisors Inc. increased its position in Vanguard S&P 500 ETF by 4.3% during the first quarter. Interactive Financial Advisors Inc. now owns 1,321 shares of the company’s stock worth $790,000 after buying an additional 55 shares in the last quarter. Kiley Juergens Wealth Management LLC acquired a new position in shares of Vanguard S&P 500 ETF in the first quarter worth $1,941,000. Finally, Canvas Wealth Advisors LLC lifted its position in shares of Vanguard S&P 500 ETF by 0.5% in the first quarter. Canvas Wealth Advisors LLC now owns 16,707 shares of the company’s stock valued at $9,983,000 after acquiring an additional 86 shares in the last quarter.

Vanguard S&P 500 ETF Stock Up 0.8%

VOO opened at $690.62 on Tuesday. The firm has a market cap of $988.73 billion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 52 week low of $567.98 and a 52 week high of $699.15. The business’s fifty day simple moving average is $679.74 and its 200 day simple moving average is $645.28.

More Vanguard S&P 500 ETF News

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

• Positive Sentiment: Several recent pieces argue that the S&P 500 and VOO still have room to run this year, citing strong earnings expectations, reasonable near-term fundamentals, and technical strength after a strong quarter and a solid weekly gain. Top 5 S&P 500 Index and VOO ETF have more upside to go this year
• Positive Sentiment: Analysts and market commentary note that the S&P 500 just posted its best week in two months, and some forecasts suggest the index could keep advancing if earnings continue to come in strong. S&P 500 Snapshot: Best Week in Two Months
• Positive Sentiment: Long-term-investor articles continue to frame VOO as a compelling core holding because of its broad diversification versus more volatile tech-heavy alternatives like QQQ. VOO vs. QQQ: Which Index Fund Is the Better Buy for Long-Term Investors?
• Neutral Sentiment: Some commentary says the stock market’s strong first half and record-setting momentum could support further gains, but this is a broad market view rather than a VOO-specific catalyst. The Stock Market Just Finished Its Best Quarter in Years. Here’s What History Says Is Coming Next.
• Neutral Sentiment: ETF industry growth and inflows remain strong, which supports the overall fund complex, but this is more of a sector backdrop than a direct driver for VOO itself. 2 Trillion By Year’s End? A Wild First Half Look Back in ETFs
• Negative Sentiment: Valuation concerns are building, with one strategist calling the S&P 500 expensive on both earnings and cash-flow measures, and another warning that megacap tech leadership may be vulnerable. That could limit near-term upside for VOO if investors rotate away from the index’s biggest names. The S&P 500 Looks Pricey at 22x Earnings. On Cash Flow, It’s a Terrifying 32x.
• Negative Sentiment: Another cautionary note says the S&P 500 may face a 10% to 20% drawdown before any further rally, suggesting VOO could see short-term volatility even if the longer-term trend stays positive. Top Wall Street Strategist: The S&P 500 Could Hit As High As 8,800 This Year, But a 10-20% Drop May Come First
• Negative Sentiment: Market weakness in some of the S&P 500’s largest constituents, including Nvidia and Meta Platforms, has been a drag on the index recently, helping explain the ETF’s recent stagnation. Top 5 S&P 500 Index and VOO ETF have more upside to go this year

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.