Meridian Investment Counsel Inc. reduced its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 54.6% in the third quarter, Holdings Channel reports. The fund owned 1,405 shares of the company’s stock after selling 1,692 shares during the quarter. Meridian Investment Counsel Inc.’s holdings in Vanguard S&P 500 ETF were worth $985,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Weil Company Inc. lifted its stake in Vanguard S&P 500 ETF by 0.7% in the third quarter. Weil Company Inc. now owns 78,389 shares of the company’s stock valued at $54,939,000 after purchasing an additional 583 shares during the last quarter. Columbus Macro LLC grew its holdings in Vanguard S&P 500 ETF by 0.3% during the third quarter. Columbus Macro LLC now owns 14,534 shares of the company’s stock valued at $10,186,000 after purchasing an additional 41 shares during the period. Mezzasalma Advisors LLC grew its holdings in Vanguard S&P 500 ETF by 22.3% during the third quarter. Mezzasalma Advisors LLC now owns 6,667 shares of the company’s stock valued at $4,673,000 after purchasing an additional 1,215 shares during the period. Tenon Financial LLC grew its holdings in Vanguard S&P 500 ETF by 5.0% during the third quarter. Tenon Financial LLC now owns 113,268 shares of the company’s stock valued at $79,385,000 after purchasing an additional 5,361 shares during the period. Finally, Tempus Wealth Planning LLC increased its position in Vanguard S&P 500 ETF by 5.2% in the third quarter. Tempus Wealth Planning LLC now owns 467 shares of the company’s stock worth $328,000 after buying an additional 23 shares during the last quarter.
Vanguard S&P 500 ETF News Roundup
Here are the key news stories impacting Vanguard S&P 500 ETF this week:
- Positive Sentiment: Improving earnings expectations, positive analyst estimate revisions, and forecasts for strong holiday spending are supporting S&P 500 ETFs, including VOO. S&P 500 ETFs Defy Rate Worries as Earnings Outlook Strengthens
- Positive Sentiment: Investors are looking for a very strong third-quarter earnings season to justify further gains in the S&P 500, with some strategists projecting a path toward 8,000 or higher. That supports VOO’s near-term outlook if results meet expectations. S&P 500’s march to 8,000 hinges on very strong third quarter
- Positive Sentiment: The index’s strong performance during the first 20 months of the current presidential term is reinforcing bullish sentiment heading into the midterm elections. S&P 500 performance ahead of the midterms
- Neutral Sentiment: Stocks have remained resilient despite rate concerns, with gains in parts of the market offsetting weakness in artificial-intelligence shares. Lower Treasury yields have provided some support, although inflation data keeps Federal Reserve policy risk active. S&P 500 hot PPI tests stock rebound
- Negative Sentiment: Hot CPI and PPI readings have pushed Treasury yields higher, creating pressure for rate-sensitive technology and semiconductor stocks—important components of VOO. S&P 500 hot CPI puts long-term yields back in control
- Negative Sentiment: Market breadth is a risk: 84% of S&P 500 constituents are reportedly in correction territory despite the index remaining near records. Earnings growth is also heavily concentrated in AI-linked technology and energy companies, increasing vulnerability if those groups weaken. S&P 500 breadth and correction risk
Vanguard S&P 500 ETF Price Performance
NYSEARCA:VOO opened at $709.43 on Friday. The company has a market capitalization of $1.05 trillion, a P/E ratio of 24.97 and a beta of 1.00. The business has a fifty day simple moving average of $706.75 and a two-hundred day simple moving average of $683.69. Vanguard S&P 500 ETF has a 1 year low of $578.46 and a 1 year high of $718.47.
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.
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