Vanguard S&P 500 ETF $VOO Stock Purchased by Piedmont Capital Management LLC NC

Piedmont Capital Management LLC NC raised its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.9% during the third quarter, HoldingsChannel reports. The fund owned 37,994 shares of the company’s stock after buying an additional 1,070 shares during the period. Vanguard S&P 500 ETF comprises approximately 16.0% of Piedmont Capital Management LLC NC’s holdings, making the stock its largest position. Piedmont Capital Management LLC NC’s holdings in Vanguard S&P 500 ETF were worth $26,629,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of VOO. White Lighthouse Investment Management Inc. raised its holdings in Vanguard S&P 500 ETF by 1.6% in the 3rd quarter. White Lighthouse Investment Management Inc. now owns 18,755 shares of the company’s stock worth $13,145,000 after acquiring an additional 289 shares during the last quarter. Kings Path Partners LLC purchased a new stake in Vanguard S&P 500 ETF during the 3rd quarter valued at $224,000. AMG Asset Management Group Inc. boosted its stake in Vanguard S&P 500 ETF by 1.9% during the 3rd quarter. AMG Asset Management Group Inc. now owns 36,056 shares of the company’s stock valued at $25,270,000 after purchasing an additional 684 shares during the last quarter. USAdvisors Wealth Management LLC increased its holdings in shares of Vanguard S&P 500 ETF by 13.5% in the 3rd quarter. USAdvisors Wealth Management LLC now owns 1,738 shares of the company’s stock worth $1,218,000 after purchasing an additional 207 shares in the last quarter. Finally, Wavvest Wealth LLC bought a new stake in shares of Vanguard S&P 500 ETF in the 3rd quarter worth $1,420,000.

Vanguard S&P 500 ETF Price Performance

VOO stock opened at $698.58 on Friday. The stock has a market capitalization of $1.03 trillion, a P/E ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $578.46 and a 1-year high of $718.47. The business has a fifty day moving average price of $705.87 and a 200-day moving average price of $687.57.

Key Vanguard S&P 500 ETF News

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

• Positive Sentiment: Some strategists remain bullish on the broader market. Goldman Sachs reportedly sees the S&P 500 reaching 8,000 by year-end and 8,700 by the end of 2027, while a UBS portfolio manager identified potential long-term support from AI, energy and longevity themes. Goldman Sachs S&P 500 forecast
• Positive Sentiment: VOO continues to be presented as a low-cost, diversified way to own leading U.S. companies across major sectors, including as a potential long-term holding through a recession. VOO recession investment article

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.