Bestgate Wealth Advisors LLC Purchases 1,986 Shares of Vanguard S&P 500 ETF $VOO

Bestgate Wealth Advisors LLC boosted its position in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 198.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,988 shares of the company’s stock after purchasing an additional 1,986 shares during the quarter. Vanguard S&P 500 ETF comprises about 3.2% of Bestgate Wealth Advisors LLC’s holdings, making the stock its 10th largest position. Bestgate Wealth Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $1,785,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Brighton Jones LLC lifted its position in Vanguard S&P 500 ETF by 6.5% during the fourth quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after buying an additional 2,112 shares in the last quarter. Bison Wealth LLC lifted its position in shares of Vanguard S&P 500 ETF by 6.1% in the 4th quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock worth $2,581,000 after buying an additional 277 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new position in Vanguard S&P 500 ETF during the 1st quarter valued at approximately $87,000. Wellington Capital Management Inc. acquired a new position in Vanguard S&P 500 ETF during the 2nd quarter valued at about $332,000. Finally, United Bank bought a new position in shares of Vanguard S&P 500 ETF in the second quarter worth $264,000.

More Vanguard S&P 500 ETF News

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

• Positive Sentiment: VOO gained after weaker-than-expected U.S. labor market data boosted expectations that the Federal Reserve could ease policy sooner, helping large-cap equities and the S&P 500 broadly. VOO ETF Surges on Weaker Labor Market Data Amid Tech Stock Drag
• Positive Sentiment: Several articles pointed to the S&P 500’s strong recent performance and the possibility of continued support from solid earnings growth and AI-related momentum, which is constructive for a broad-market ETF like VOO. S&P 500 companies expected to clear high bar in Q2 earnings season
• Positive Sentiment: Commentary highlighting VOO’s long-term compounding appeal and historical strength of the S&P 500 may support investor demand for the ETF as a core buy-and-hold holding. Where Will VOO Be in 20 Years? Here’s What History Suggests.
• Neutral Sentiment: Articles comparing VOO with other ETFs such as SCHD, and discussing diversification or historical returns, are mostly educational and don’t appear to have a direct near-term impact on the fund. VOO vs. SCHD: Which ETF Should You Buy?
• Negative Sentiment: Several pieces criticized VOO’s low headline fee as hiding other costs or argued that cheaper alternatives may offer better value, which could weigh on sentiment at the margin. VOO’s 0.03% Fee Hides the Real Cost: Why Cheaper Competitors Charge Half as Much

Vanguard S&P 500 ETF Trading Down 0.1%

Shares of Vanguard S&P 500 ETF stock opened at $684.84 on Friday. Vanguard S&P 500 ETF has a 52 week low of $567.98 and a 52 week high of $699.15. The company’s 50-day moving average price is $679.12 and its two-hundred day moving average price is $644.86. The stock has a market cap of $980.45 billion, a PE ratio of 24.97 and a beta of 1.00.

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.