Vanguard S&P 500 ETF $VOO Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. trimmed its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 65.4% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 452,772 shares of the company’s stock after selling 855,948 shares during the quarter. Russell Investments Group Ltd.’s holdings in Vanguard S&P 500 ETF were worth $317,329,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of VOO. Parthenon LLC boosted its position in shares of Vanguard S&P 500 ETF by 5.3% in the third quarter. Parthenon LLC now owns 16,133 shares of the company’s stock worth $11,307,000 after buying an additional 814 shares during the period. Bear Mountain Capital Inc. grew its holdings in shares of Vanguard S&P 500 ETF by 1.5% during the third quarter. Bear Mountain Capital Inc. now owns 61,507 shares of the company’s stock valued at $43,154,000 after buying an additional 935 shares in the last quarter. Sepio Capital LP grew its holdings in shares of Vanguard S&P 500 ETF by 11.5% during the third quarter. Sepio Capital LP now owns 220,155 shares of the company’s stock valued at $154,298,000 after buying an additional 22,665 shares in the last quarter. Bill Few Associates Inc. raised 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 valued at $9,026,000 after buying an additional 3,064 shares during the period. Finally, Chicago Partners Investment Group LLC raised its position in Vanguard S&P 500 ETF by 3.7% during the third quarter. Chicago Partners Investment Group LLC now owns 297,965 shares of the company’s stock valued at $208,153,000 after buying an additional 10,585 shares during the period.

More Vanguard S&P 500 ETF News

Here’s some of the latest news about VOO:

• Positive Sentiment: U.S. stocks recovered early losses as selling in Nvidia eased and investors bought chipmakers AMD and Broadcom, potentially supporting VOO’s large technology holdings. S&P 500 and Nasdaq: Tech Stocks Rebound as Nvidia Rivals AMD and Broadcom Rally
• Positive Sentiment: Investors have continued putting money into VOO despite its recent narrow trading range. Articles also point to the S&P 500’s long-term growth history and VOO’s broad-market exposure as potential advantages for investors who stay invested through downturns. VOO & Chill is gaining momentum: What comes next for the S&P 500? History Says This Is the Smartest ETF to Buy During the Next Bear Market
• Neutral Sentiment: Several articles illustrate how regular contributions to VOO could build wealth over time, citing its historical returns. These are long-term investing perspectives, not near-term catalysts for the share price. Investing $196 Per Week in This ETF Could Build a $1 Million Portfolio

Vanguard S&P 500 ETF Trading Down 0.3%

Shares of Vanguard S&P 500 ETF stock opened at $696.00 on Friday. The stock has a 50-day moving average price of $703.24 and a 200 day moving average price of $672.51. The company has a market cap of $1.05 trillion, a P/E ratio of 23.40 and a beta of 1.00. 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.