951 Vanguard S&P 500 ETF $VOO Shares Purchased by WASHINGTON TRUST Co

WASHINGTON TRUST Co increased its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 0.5% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 177,724 shares of the company’s stock after buying an additional 951 shares during the quarter. Vanguard S&P 500 ETF makes up 3.8% of WASHINGTON TRUST Co’s investment portfolio, making the stock its 3rd largest holding. WASHINGTON TRUST Co’s holdings in Vanguard S&P 500 ETF were worth $124,560,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Washington Trust Advisors Inc. increased its holdings in shares of Vanguard S&P 500 ETF by 10.3% during the 3rd quarter. Washington Trust Advisors Inc. now owns 31,046 shares of the company’s stock worth $21,759,000 after purchasing an additional 2,905 shares during the period. BIP Wealth LLC boosted its stake in Vanguard S&P 500 ETF by 3.6% in the 3rd quarter. BIP Wealth LLC now owns 282,798 shares of the company’s stock valued at $198,202,000 after buying an additional 9,752 shares in the last quarter. Parthenon LLC grew its position in Vanguard S&P 500 ETF by 5.3% in the third quarter. Parthenon LLC now owns 16,133 shares of the company’s stock valued at $11,307,000 after acquiring an additional 814 shares during the period. Legacy Wealth Management LLC grew its position in Vanguard S&P 500 ETF by 43.4% in the third quarter. Legacy Wealth Management LLC now owns 707 shares of the company’s stock valued at $495,000 after acquiring an additional 214 shares during the period. Finally, Andrew Hill Investment Advisors Inc. bought a new stake in Vanguard S&P 500 ETF in the third quarter valued at $977,000.

Vanguard S&P 500 ETF Price Performance

Vanguard S&P 500 ETF stock opened at $698.58 on Monday. The firm has a market capitalization of $1.03 trillion, a P/E ratio of 24.97 and a beta of 1.00. The stock has a fifty day moving average price of $705.87 and a two-hundred day moving average price of $688.15. Vanguard S&P 500 ETF has a 52-week low of $578.46 and a 52-week high of $718.47.

Key Headlines Impacting Vanguard S&P 500 ETF

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.