Vanguard S&P 500 ETF $VOO Stake Reduced by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. lessened its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 17.5% in the third quarter, according to its most recent filing with the SEC. The firm owned 4,223 shares of the company’s stock after selling 898 shares during the quarter. Confluence Wealth Services Inc.’s holdings in Vanguard S&P 500 ETF were worth $2,959,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Gallagher Capital Advisors LLC boosted its stake in shares of Vanguard S&P 500 ETF by 1.6% in the 3rd quarter. Gallagher Capital Advisors LLC now owns 878 shares of the company’s stock valued at $616,000 after purchasing an additional 14 shares during the last quarter. Bay Harbor Wealth Management LLC increased its position in shares of Vanguard S&P 500 ETF by 20.8% during the second quarter. Bay Harbor Wealth Management LLC now owns 87 shares of the company’s stock worth $60,000 after buying an additional 15 shares during the period. Spinnaker Trust raised its stake in Vanguard S&P 500 ETF by 0.4% during the second quarter. Spinnaker Trust now owns 3,643 shares of the company’s stock worth $2,502,000 after buying an additional 15 shares during the last quarter. Roxbury Financial LLC raised its stake in Vanguard S&P 500 ETF by 5.1% during the third quarter. Roxbury Financial LLC now owns 310 shares of the company’s stock worth $217,000 after buying an additional 15 shares during the last quarter. Finally, PMG Family Office LLC raised its stake in Vanguard S&P 500 ETF by 1.6% during the third quarter. PMG Family Office LLC now owns 967 shares of the company’s stock worth $678,000 after buying an additional 15 shares during the last quarter.

Key Vanguard S&P 500 ETF News

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

• Positive Sentiment: U.S. stock futures climbed as falling oil prices improved investor sentiment, potentially supporting VOO’s underlying index. S&P 500, Dow futures climb as oil slide lifts sentiment
• Positive Sentiment: Investors bought 24,504 VOO call options on Monday, 181% above the average daily volume. The surge suggests increased bullish positioning, though options activity alone does not guarantee further gains.
• Positive Sentiment: U.S. stocks added about $1 trillion in market value early Monday as dip buyers returned to technology shares, helping lift the broader market that VOO tracks. Risk-On: S&P 500 Surges Out of the Gate, Adds $1 Trillion in Market Value
• Neutral Sentiment: One article describes VOO as a long-term way to participate in U.S. economic growth. That supports the ETF’s buy-and-hold case but does not address near-term price risks. 1 Reliable ETF I’m Buying Forever, Even if the Stock Market Crashes
• Negative Sentiment: The S&P 500 fell 2.68% from its October close through Nov. 6, marking its third-weakest start to November since 1950. In the eight comparable weak starts cited, the index finished the following April higher only four times, underscoring uncertain seasonal prospects for VOO. Only 2 Novembers Since 1950 Have Started Worse for the S&P 500
• Negative Sentiment: Coverage points to a month-long S&P 500 decline and a technical breakdown, while raising the possibility of a correction. The index is not yet in correction territory, but volatility and concerns about technology valuations remain risks for VOO. Is the S&P 500 Heading for a Correction?

Vanguard S&P 500 ETF Stock Down 0.3%

VOO stock opened at $689.50 on Wednesday. The firm has a market cap of $1.04 trillion, a price-to-earnings ratio of 24.97 and a beta of 1.00. Vanguard S&P 500 ETF has a 12-month low of $578.46 and a 12-month high of $718.47. The company’s fifty day simple moving average is $703.43 and its 200 day simple moving average is $671.89.

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.