Fortune Financial Group Inc. grew its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO – Free Report) by 715.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,944 shares of the company’s stock after purchasing an additional 6,970 shares during the period. Vanguard S&P 500 ETF accounts for about 4.3% of Fortune Financial Group Inc.’s investment portfolio, making the stock its 6th largest position. Fortune Financial Group Inc.’s holdings in Vanguard S&P 500 ETF were worth $5,456,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Brighton Jones LLC lifted its holdings in shares of 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 worth $18,602,000 after acquiring an additional 2,112 shares during the period. Bison Wealth LLC increased its position in Vanguard S&P 500 ETF by 6.1% during the fourth quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock worth $2,581,000 after purchasing 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 first quarter worth approximately $87,000. Wellington Capital Management Inc. purchased a new position in Vanguard S&P 500 ETF during the second quarter worth approximately $332,000. Finally, United Bank purchased a new position in Vanguard S&P 500 ETF during the second quarter worth approximately $264,000.
Vanguard S&P 500 ETF Stock Up 0.7%
Shares of VOO opened at $714.95 on Friday. The firm has a market cap of $1.02 trillion, a PE ratio of 24.97 and a beta of 1.00. The company’s fifty day moving average is $687.87 and its two-hundred day moving average is $657.68. Vanguard S&P 500 ETF has a fifty-two week low of $578.46 and a fifty-two week high of $716.39.
Vanguard S&P 500 ETF News Roundup
- Positive Sentiment: Softer wholesale inflation reduced rate concerns. Moderated producer-price data eased fears that the Federal Reserve would need to keep interest rates higher for longer, helping lift equity valuations and pushing the S&P 500 to a new record. U.S. Stocks Rise, S&P 500 Closes at Record High, After Inflation Data
- Positive Sentiment: Technology and AI shares remained key market leaders. Continued enthusiasm for artificial-intelligence investment and strong technology performance provided meaningful support for the index, benefiting VOO’s large-cap growth holdings. Dow rises as S&P 500 closes at record high on softer inflation, tech gains
- Positive Sentiment: Tariff refunds could improve constituent-company cash flow. More than 40 S&P 500 companies reportedly disclosed billions of dollars in tariff refunds, with some cash already received. The refunds may provide a modest earnings and liquidity benefit for affected holdings. S&P 500 Companies Claim First Payouts From $100 Billion Tariff Refund Wave
- Neutral Sentiment: Index rebalancing news was supportive but limited. Reddit’s upcoming S&P 500 inclusion highlights ongoing changes within the benchmark, but the event has little direct effect on VOO’s overall diversified portfolio. Reddit shares jump 11% on inclusion in S&P 500
- Negative Sentiment: Valuation remains a longer-term risk. Commentary noted that the S&P 500 is trading at an elevated earnings multiple, while Vanguard’s long-term return expectations are comparatively modest. This could limit future returns or increase sensitivity to disappointing earnings and interest-rate news. The S&P 500 Costs 27.5 Times Earnings
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.
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