ETFs

Venture Visionary Partners LLC Expands Investment in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Published October 22, 2024

On October 22, 2024, Venture Visionary Partners LLC announced a 7.1% increase in its holdings of the Vanguard S&P 500 ETF (NYSEARCA:VOO) during the third quarter, according to its latest 13F filing with the Securities and Exchange Commission. After acquiring an additional 2,860 shares, the firm now owns a total of 42,908 shares in the ETF. This investment makes up about 1.0% of Venture Visionary Partners LLC's overall portfolio, ranking it as the 22nd largest holding for the firm. The total value of their holdings in the Vanguard S&P 500 ETF was reported at $22,644,000 in the most recent SEC filing.

Other institutional investors have also been active in adjusting their positions in VOO. Marquette Asset Management LLC entered a new investment in the ETF worth $36,000 during the third quarter. Meanwhile, Elevate Wealth Advisory Inc. initiated a new position in the first quarter of the year valued at approximately $39,000. AlphaMark Advisors LLC significantly increased its stake by 641.7% in the first quarter, currently owning 89 shares worth about $43,000 after purchasing an additional 77 shares. Likewise, Abich Financial Wealth Management LLC acquired a new stake in the ETF valued around $50,000 during the second quarter. Finally, Mendota Financial Group LLC added a new position in the Vanguard S&P 500 ETF worth about $53,000 in the third quarter.

Performance Overview of Vanguard S&P 500 ETF

The Vanguard S&P 500 ETF (VOO) opened at $536.61 on Tuesday. It has been performing steadily, with a 50-day simple moving average of $519.00 and a 200-day simple moving average of $499.34. Over the past year, the stock has seen a low of $375.95 and a high of $538.76. The ETF currently holds a market capitalization of approximately $486.15 billion, with a price-to-earnings (P/E) ratio of 25.04 and a beta of 1.00, indicating that it moves in line with the broader market.

More About the Vanguard S&P 500 ETF

The Vanguard 500 Index Fund is an open-end mutual fund that offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange-Traded Fund (ETF) Shares. Its goal is to closely match the performance of the Standard & Poor's 500 Index, which is an unmanaged benchmark that represents large-capitalization stocks in the United States.

Additional Insights

  • Top performing stocks compared to Vanguard S&P 500 ETF
  • Understanding Technology Stocks
  • Analysts forecast new heights for Cybersecurity Stocks by the holiday season
  • Explaining the concept of Death Cross in financial stock markets
  • Highlights of the nuclear power sector and related investment opportunities
  • Strategies for profiting during market downtrends
  • Energy stocks benefiting from multi-million dollar DOE loan commitments

For those interested in tracking institutional investments in VOO, current 13F filings and insider trading details can be found through various financial news platforms.

Venture, Investment, ETF