Solidarity Wealth LLC Grows Stake in Vanguard S&P 500 ETF $VOO

Solidarity Wealth LLC boosted its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 189.6% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,022 shares of the company’s stock after purchasing an additional 2,633 shares during the quarter. Vanguard S&P 500 ETF comprises about 0.5% of Solidarity Wealth LLC’s portfolio, making the stock its 29th biggest position. Solidarity Wealth LLC’s holdings in Vanguard S&P 500 ETF were worth $2,762,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of VOO. Brighton Jones LLC increased its position in Vanguard S&P 500 ETF by 6.5% during the 4th quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after purchasing an additional 2,112 shares during the period. Bison Wealth LLC raised its holdings 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 valued at $2,581,000 after purchasing an additional 277 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new stake in shares of Vanguard S&P 500 ETF in the 1st quarter worth approximately $87,000. Wellington Capital Management Inc. purchased a new stake in shares of Vanguard S&P 500 ETF in the 2nd quarter worth approximately $332,000. Finally, United Bank purchased a new stake in shares of Vanguard S&P 500 ETF in the 2nd quarter worth approximately $264,000.

Key Vanguard S&P 500 ETF News

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

• Positive Sentiment: VOO’s decade-long record of compounding returns is reinforcing its appeal as a core, low-cost holding for long-term investors. 1 Unstoppable Vanguard ETF I Wish I’d Bought 10 Years Ago
• Positive Sentiment: Analyst Joe Terranova’s bullish projection that the S&P 500 could reach 10,000 within 18 months supports the potential for further gains in VOO, although the forecast is speculative. Top Analyst Sees the S&P 500 at 10,000
• Positive Sentiment: Commentary continues to describe VOO as a reliable vehicle for patient investors and a potential long-term wealth-building tool because it tracks the broad U.S. stock market at minimal cost. Where Will the Vanguard S&P 500 ETF Be in 20 Years?
• Neutral Sentiment: Advisors weighing active ETFs are comparing potentially higher fees and manager risk with the simplicity and low expenses of index funds such as VOO, highlighting the fund’s cost advantage but not creating a direct catalyst. What Advisors Should Weigh Before Buying Active ETFs
• Neutral Sentiment: Vanguard’s reduction of expenses on dozens of other funds underscores its focus on investor costs, though the reported cuts did not directly change VOO’s already-low fee. Vanguard Handed 53 Funds a Fee Cut
• Negative Sentiment: VOO’s heavy concentration in the largest technology and growth companies leaves the ETF vulnerable if that sector’s earnings momentum or valuations weaken. VOO’s 0.03% Fee Hides the Real Cost
• Negative Sentiment: Lower U.S. stock futures, a sharp Asian-market sell-off and investor caution ahead of the Federal Reserve’s meeting minutes are weighing on near-term sentiment toward the S&P 500 and VOO. Stock Market: Will S&P 500 Open Up or Down Today?

Vanguard S&P 500 ETF Stock Performance

NYSEARCA VOO opened at $706.91 on Thursday. The company has a market cap of $1.01 trillion, a PE ratio of 24.97 and a beta of 1.00. The firm’s 50 day moving average price is $690.55 and its 200-day moving average price is $659.66. Vanguard S&P 500 ETF has a 52-week low of $578.46 and a 52-week high of $716.39.

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.