Archvest Wealth Advisors Inc. Acquires Shares of 18,463 Vanguard S&P 500 ETF $VOO

Archvest Wealth Advisors Inc. bought a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) in the fourth quarter, Holdings Channel reports. The institutional investor bought 18,463 shares of the company’s stock, valued at approximately $11,579,000. Vanguard S&P 500 ETF makes up about 3.3% of Archvest Wealth Advisors Inc.’s portfolio, making the stock its 6th biggest holding.

Other hedge funds have also made changes to their positions in the company. Dumac Inc. acquired a new stake in Vanguard S&P 500 ETF in the fourth quarter valued at about $466,509,000. North Berkeley Wealth Management LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 9.2% in the 4th quarter. North Berkeley Wealth Management LLC now owns 820 shares of the company’s stock valued at $515,000 after buying an additional 69 shares during the period. Marietta Investment Partners LLC boosted its stake in shares of Vanguard S&P 500 ETF by 24.8% in the fourth quarter. Marietta Investment Partners LLC now owns 855 shares of the company’s stock valued at $536,000 after buying an additional 170 shares in the last quarter. WCG Wealth Advisors LLC purchased a new stake in shares of Vanguard S&P 500 ETF in the fourth quarter valued at approximately $12,404,000. Finally, Avestar Capital LLC grew its holdings in Vanguard S&P 500 ETF by 17.8% during the fourth quarter. Avestar Capital LLC now owns 5,266 shares of the company’s stock worth $3,302,000 after acquiring an additional 797 shares during the period.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA:VOO opened at $693.36 on Thursday. Vanguard S&P 500 ETF has a 1 year low of $543.34 and a 1 year high of $699.15. The stock has a fifty day moving average price of $651.96 and a two-hundred day moving average price of $635.95. The stock has a market capitalization of $948.03 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

Key Headlines Impacting Vanguard S&P 500 ETF

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

• Positive Sentiment: VOO became the first ETF ever to top $1 trillion in assets, a major sign of investor confidence and scale that may support continued inflows. Vanguard index product becomes first ETF to top $1 trillion in assets
• Positive Sentiment: The fund’s extremely low 0.03% expense ratio keeps it competitive versus rival S&P 500 ETFs, which can help attract more assets over time. Vanguard index product becomes first ETF to top $1 trillion in assets
• Neutral Sentiment: Broader market coverage remains supportive, with the S&P 500 recently trading near record highs and the index still in a strong bull-market trend. This ETF Tracking The S&P 500 Just Crossed $1 Trillion In Assets And It’s Not The SPY
• Neutral Sentiment: Some articles noted temporary pressure from higher Treasury yields, oil prices, and cautious macro sentiment, which could create short-term volatility for the ETF. S&P500: Forecast Turns Cautious as Oil and Yields Hit US Stocks Today
• Negative Sentiment: Near-term market pullbacks are possible if investors continue to worry about inflation, rates, or stretched valuations after the S&P 500’s strong rally. S&P500: US Stocks Ease From Highs As Alphabet AI Spending Raises Questions

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.