Vanguard S&P 500 ETF $VOO is Truist Financial Corp’s 8th Largest Position

Truist Financial Corp reduced its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.4% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,032,668 shares of the company’s stock after selling 8,151 shares during the quarter. Vanguard S&P 500 ETF makes up approximately 1.7% of Truist Financial Corp’s investment portfolio, making the stock its 8th largest position. Truist Financial Corp owned approximately 0.17% of Vanguard S&P 500 ETF worth $1,154,617,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Atala Financial Inc purchased a new stake in Vanguard S&P 500 ETF in the first quarter worth about $28,000. Redmont Wealth Advisors LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the first quarter valued at about $29,000. Lord & Richards Wealth Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the first quarter valued at about $40,000. Elevate Wealth Advisory Inc. lifted its position in shares of Vanguard S&P 500 ETF by 83.7% during the first quarter. Elevate Wealth Advisory Inc. now owns 90 shares of the company’s stock valued at $47,000 after buying an additional 41 shares during the last quarter. Finally, von Borstel & Associates Inc. purchased a new stake in shares of Vanguard S&P 500 ETF during the first quarter valued at about $50,000.

Vanguard S&P 500 ETF Stock Performance

VOO stock opened at $612.38 on Wednesday. The firm has a market cap of $735.79 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The firm has a 50-day simple moving average of $594.23 and a two-hundred day simple moving average of $553.65. Vanguard S&P 500 ETF has a one year low of $442.80 and a one year high of $615.26.

Vanguard S&P 500 ETF Company 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.