Sage Private Wealth Group LLC Acquires 13,404 Shares of Vanguard S&P 500 ETF $VOO

Sage Private Wealth Group LLC bought a new stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) during the third quarter, Holdings Channel reports. The firm bought 13,404 shares of the company’s stock, valued at approximately $9,395,000. Vanguard S&P 500 ETF makes up about 3.1% of Sage Private Wealth Group LLC’s portfolio, making the stock its 11th biggest holding.

Several other institutional investors have also recently bought and sold shares of the company. Seamount Financial Group Inc. increased its position in Vanguard S&P 500 ETF by 2.2% during the third quarter. Seamount Financial Group Inc. now owns 10,898 shares of the company’s stock worth $7,638,000 after acquiring an additional 232 shares during the period. Beacon Hill Wealth Management LTD. raised its stake in Vanguard S&P 500 ETF by 17.4% during the 3rd quarter. Beacon Hill Wealth Management LTD. now owns 683 shares of the company’s stock valued at $479,000 after purchasing an additional 101 shares during the last quarter. Rolek Wealth Management LLC boosted its holdings in Vanguard S&P 500 ETF by 4.3% in the 3rd quarter. Rolek Wealth Management LLC now owns 110,232 shares of the company’s stock valued at $77,257,000 after purchasing an additional 4,550 shares during the period. Magnus Financial Group LLC boosted its holdings in Vanguard S&P 500 ETF by 17.1% in the 3rd quarter. Magnus Financial Group LLC now owns 25,050 shares of the company’s stock valued at $17,557,000 after purchasing an additional 3,658 shares during the period. Finally, Piedmont Capital Management LLC NC grew its position in Vanguard S&P 500 ETF by 2.9% in the 3rd quarter. Piedmont Capital Management LLC NC now owns 37,994 shares of the company’s stock worth $26,629,000 after purchasing an additional 1,070 shares during the last quarter.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA:VOO opened at $698.58 on Friday. The firm’s 50-day moving average is $705.87 and its 200-day moving average is $687.57. Vanguard S&P 500 ETF has a 52-week low of $578.46 and a 52-week high of $718.47. The company has a market cap of $1.03 trillion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

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

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.