NewEdge Advisors LLC Acquires 79,325 Shares of Vanguard S&P 500 ETF $VOO
by Doug Wharley · The Cerbat GemNewEdge Advisors LLC boosted its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 13.1% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 684,968 shares of the company’s stock after purchasing an additional 79,325 shares during the quarter. Vanguard S&P 500 ETF comprises approximately 1.4% of NewEdge Advisors LLC’s portfolio, making the stock its 8th biggest position. NewEdge Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $470,443,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Bill Few Associates Inc. increased its position in Vanguard S&P 500 ETF by 30.4% during the second quarter. Bill Few Associates Inc. now owns 13,143 shares of the company’s stock worth $9,026,000 after buying an additional 3,064 shares during the period. Glassman Wealth Services boosted its holdings in shares of Vanguard S&P 500 ETF by 1.0% in the first quarter. Glassman Wealth Services now owns 288,044 shares of the company’s stock valued at $172,121,000 after acquiring an additional 2,991 shares during the period. Fullerton Fund Management Co Ltd. purchased a new position in shares of Vanguard S&P 500 ETF during the fourth quarter worth approximately $5,677,000. Motley Fool Wealth Management LLC grew its position in shares of Vanguard S&P 500 ETF by 89.9% during the fourth quarter. Motley Fool Wealth Management LLC now owns 47,848 shares of the company’s stock worth $30,007,000 after acquiring an additional 22,658 shares during the last quarter. Finally, Lyell Wealth Management LP increased its holdings in shares of Vanguard S&P 500 ETF by 8.1% in the 4th quarter. Lyell Wealth Management LP now owns 11,706 shares of the company’s stock valued at $7,341,000 after acquiring an additional 876 shares during the period.
Vanguard S&P 500 ETF Price Performance
VOO stock opened at $704.07 on Wednesday. The company has a market cap of $1.00 trillion, a price-to-earnings ratio of 24.97 and a beta of 1.00. The company has a fifty day moving average price of $696.88 and a 200 day moving average price of $666.85. Vanguard S&P 500 ETF has a 12 month low of $578.46 and a 12 month high of $716.39.
Trending Headlines about Vanguard S&P 500 ETF
Here are the key news stories impacting Vanguard S&P 500 ETF this week:
- Positive Sentiment: HSBC strategist Willem Sels said U.S. stocks may have additional upside because artificial-intelligence-driven earnings and productivity gains may not yet be fully reflected in valuations. This supports the outlook for the large technology companies that represent significant portions of VOO. Can the S&P 500 rise further despite high valuations? HSBC says yes
- Positive Sentiment: Several analyses argue that the S&P 500’s historical tendency to rise over long periods favors staying invested rather than attempting to time a pullback. The index is also projected to deliver another above-average year, provided interest rates do not rise materially. With the S&P 500 Setting Record Highs, History Points to 1 Clear Move
- Positive Sentiment: Bloom Energy’s addition to the S&P 500 could provide a small mechanical benefit to index funds, including VOO, as managers add the new constituent. The broader inclusion also reflects continued investor interest in energy infrastructure tied to AI data-center demand. Bloom Energy stock surges as S&P 500 inclusion boosts investor interest
- Neutral Sentiment: The S&P 500 has been consolidating near record levels. Analysts view this sideways movement either as healthy digestion of gains or a sign that investors are becoming more cautious. S&P 500 Holds Firm as Investor Caution Builds
- Negative Sentiment: U.S. futures were lower following the Labor Day weekend amid historically weak post-holiday trading patterns and surging oil prices. Higher energy costs could reinforce inflation concerns and delay interest-rate relief, pressuring richly valued equities. Stock Market: Will S&P 500 Open Up or Down Today?
- Negative Sentiment: Commentary also highlights VOO’s concentration in a handful of mega-cap technology companies and the risk that higher rates or disappointing AI-related earnings could trigger a sharper pullback.
Vanguard S&P 500 ETF 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.
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