Mittelman Wealth Management Has $2.55 Million Stock Holdings in Vanguard S&P 500 ETF $VOO

Mittelman Wealth Management decreased its position in Vanguard S&P 500 ETF (NYSEARCA:VOOFree Report) by 79.0% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,714 shares of the company’s stock after selling 13,970 shares during the quarter. Vanguard S&P 500 ETF comprises 1.8% of Mittelman Wealth Management’s investment portfolio, making the stock its 14th largest holding. Mittelman Wealth Management’s holdings in Vanguard S&P 500 ETF were worth $2,551,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Vanguard Group Inc. boosted its position in Vanguard S&P 500 ETF by 3.0% during the fourth quarter. Vanguard Group Inc. now owns 39,068,508 shares of the company’s stock worth $24,501,033,000 after purchasing an additional 1,141,931 shares during the period. California Public Employees Retirement System grew its stake in Vanguard S&P 500 ETF by 6.5% in the 1st quarter. California Public Employees Retirement System now owns 33,635,939 shares of the company’s stock valued at $20,099,155,000 after buying an additional 2,049,100 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Vanguard S&P 500 ETF by 3.6% in the 4th quarter. Raymond James Financial Inc. now owns 29,347,563 shares of the company’s stock worth $18,404,737,000 after acquiring an additional 1,019,492 shares during the period. Bank of America Corp DE lifted its position in Vanguard S&P 500 ETF by 1.3% during the 1st quarter. Bank of America Corp DE now owns 27,441,061 shares of the company’s stock worth $16,397,406,000 after acquiring an additional 354,072 shares during the last quarter. Finally, Royal Bank of Canada boosted its holdings in Vanguard S&P 500 ETF by 496.2% during the fourth quarter. Royal Bank of Canada now owns 21,356,933 shares of the company’s stock valued at $13,393,573,000 after acquiring an additional 17,774,521 shares during the period.

Vanguard S&P 500 ETF News Roundup

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

  • Positive Sentiment: Recent commentary continues to highlight VOO’s decade-long compounding record, reinforcing its appeal as a low-cost core portfolio holding for long-term investors. 1 Unstoppable Vanguard ETF I Wish I’d Bought 10 Years Ago
  • Positive Sentiment: The S&P 500’s gain of more than 33% since President Trump’s reelection demonstrates the index’s recent momentum, although the article notes that market performance has not historically determined midterm election outcomes. The S&P 500 Has Gained More Than 33% Since Trump’s Election
  • Neutral Sentiment: Comparisons with Vanguard Total Stock Market ETF (VTI) present VOO as one of the two dominant choices for a core holding, but the debate could influence new investment flows between the funds rather than materially change VOO’s underlying outlook. VOO vs VTI
  • Neutral Sentiment: Articles promoting higher-performing or actively managed ETFs highlight competition for investor allocations, while also underscoring VOO’s advantages in diversification, simplicity and typically low costs. What Advisors Should Weigh Before Buying Active ETFs
  • Negative Sentiment: Higher Treasury yields pressured stocks, while Walmart’s raised consumer concerns and renewed geopolitical tensions involving Iran added to risk aversion across the S&P 500. S&P500 Forecast: Long Yields Return as Walmart Hits the Dow
  • Negative Sentiment: Earlier weakness in Asian markets and investor caution ahead of the Federal Reserve’s August meeting minutes created additional near-term pressure on broad-market ETFs. Stock Market: Will S&P 500 Open Up or Down Today?

Vanguard S&P 500 ETF Stock Performance

Vanguard S&P 500 ETF stock opened at $701.01 on Friday. Vanguard S&P 500 ETF has a 52 week low of $578.46 and a 52 week high of $716.39. The firm has a market capitalization of $999.35 billion, a PE ratio of 24.97 and a beta of 1.00. The business’s 50-day simple moving average is $691.00 and its 200-day simple moving average is $660.12.

About Vanguard S&P 500 ETF

(Free Report)

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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Institutional Ownership by Quarter for Vanguard S&P 500 ETF (NYSEARCA:VOO)

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