Venture Visionary Partners LLC Increases Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)
Venture Visionary Partners LLC has increased its investment in the Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.1% during the third quarter, as outlined in their latest 13F filing with the Securities and Exchange Commission. This move has expanded their holdings to a total of 42,908 shares after acquiring an additional 2,860 shares in the specified period. The Vanguard S&P 500 ETF now constitutes about 1.0% of Venture Visionary Partners LLC’s total portfolio, ranking as their 22nd largest holding. The value of this investment in Vanguard S&P 500 ETF is reported to be approximately $22,644,000 based on the most recent filing with the SEC.
In addition to Venture Visionary Partners LLC, several other major investors have also adjusted their positions in the Vanguard S&P 500 ETF recently. For instance, Marquette Asset Management LLC entered a new investment worth $36,000 in the third quarter, while Elevate Wealth Advisory Inc. acquired a new stake valued at $39,000 during the first quarter. AlphaMark Advisors LLC significantly boosted its holdings by 641.7% in the first quarter, now possessing 89 shares valued at $43,000 after purchasing an additional 77 shares. Furthermore, Abich Financial Wealth Management LLC took a new position in the ETF during the second quarter, valued at around $50,000, and Mendota Financial Group LLC also made a new investment in the third quarter worth approximately $53,000.
Vanguard S&P 500 ETF Performance Overview
As of Tuesday, the Vanguard S&P 500 ETF trading price opened at $536.61. The stock has demonstrated a 50-day simple moving average of $519.00 and a 200-day simple moving average of $499.34. The ETF's performance over the past year indicates it has a low of $375.95 and a high of $538.76. With a market capitalization of $486.15 billion, it also has a price-to-earnings (P/E) ratio of 25.04 and a beta of 1.00, reflecting its volatility in comparison to market movements.
Understanding the Vanguard S&P 500 ETF
The Vanguard 500 Index Fund (the Fund) is classified as an open-ended investment company, which means it operates similarly to a mutual fund. The Fund provides four different classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The main objective of the Fund is to replicate the investment performance of the Standard & Poor’s 500 Index, which serves as an unmanaged benchmark that represents large-capitalization stocks in the United States.
Investment, ETF, Portfolio