Vanguard S&P 500 ETF $VOO Shares Purchased by Money Concepts Capital Corp

Money Concepts Capital Corp increased its holdings in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.4% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 121,009 shares of the company’s stock after purchasing an additional 8,287 shares during the quarter. Vanguard S&P 500 ETF makes up 3.8% of Money Concepts Capital Corp’s portfolio, making the stock its biggest holding. Money Concepts Capital Corp’s holdings in Vanguard S&P 500 ETF were worth $84,811,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Torren Management LLC bought a new position in Vanguard S&P 500 ETF in the 3rd quarter worth approximately $25,000. Birch Capital Management LLC purchased a new stake in Vanguard S&P 500 ETF during the 2nd quarter valued at approximately $25,000. Valued Wealth Advisors LLC grew its holdings in Vanguard S&P 500 ETF by 164.7% during the 3rd quarter. Valued Wealth Advisors LLC now owns 45 shares of the company’s stock valued at $32,000 after buying an additional 28 shares in the last quarter. RHL Group LLC raised its position in shares of Vanguard S&P 500 ETF by 50.0% during the second quarter. RHL Group LLC now owns 48 shares of the company’s stock valued at $33,000 after buying an additional 16 shares during the last quarter. Finally, Elevate Wealth Advisory Inc. bought a new stake in shares of Vanguard S&P 500 ETF during the third quarter valued at approximately $43,000.

Vanguard S&P 500 ETF Stock Performance

VOO stock opened at $696.00 on Friday. Vanguard S&P 500 ETF has a one year low of $578.46 and a one year high of $718.47. The company’s fifty day moving average price is $703.24 and its 200-day moving average price is $672.51. The company has a market capitalization of $1.05 trillion, a PE ratio of 23.40 and a beta of 1.00.

Key Headlines Impacting Vanguard S&P 500 ETF

Here are a few of the latest headlines about VOO:

• Positive Sentiment: U.S. stocks recovered early losses as selling in Nvidia eased and investors bought chipmakers AMD and Broadcom, potentially supporting VOO’s large technology holdings. S&P 500 and Nasdaq: Tech Stocks Rebound as Nvidia Rivals AMD and Broadcom Rally
• Positive Sentiment: Investors have continued putting money into VOO despite its recent narrow trading range. Articles also point to the S&P 500’s long-term growth history and VOO’s broad-market exposure as potential advantages for investors who stay invested through downturns. VOO & Chill is gaining momentum: What comes next for the S&P 500? History Says This Is the Smartest ETF to Buy During the Next Bear Market
• Negative Sentiment: Technical analysis cited by Reuters suggests the S&P 500 may face further losses, a risk that would weigh on VOO, which tracks the index. Mapping the Market: S&P 500 at risk of further losses

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.