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

On October 22, 2024, it was reported that Venture Visionary Partners LLC has increased its stake in the Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.1% during the third quarter. This increase was disclosed in the firm’s latest 13F filing with the Securities and Exchange Commission. Following the acquisition of an additional 2,860 shares, Venture Visionary Partners now holds a total of 42,908 shares of this ETF. Notably, this ETF represents approximately 1.0% of the firm's total holdings, making it the 22nd largest investment in their portfolio. As per their recent SEC filing, the value of Venture Visionary Partners LLC's investment in the Vanguard S&P 500 ETF is approximately $22,644,000.

In addition to Venture Visionary Partners, several other institutional investors have made moves regarding their stakes in VOO. For instance, Marquette Asset Management LLC bought a new stake valued at $36,000 during the third quarter. Meanwhile, Elevate Wealth Advisory Inc. and AlphaMark Advisors LLC also initiated new positions in the first quarter, investing $39,000 and significantly increasing their holdings by 641.7%, respectively. Notably, AlphaMark Advisors now owns 89 shares worth $43,000 after purchasing 77 additional shares. Abich Financial Wealth Management LLC acquired a stake valued at around $50,000 in the second quarter, and Mendota Financial Group LLC entered the market with a new investment in the third quarter worth approximately $53,000.

Performance Overview of Vanguard S&P 500 ETF

As of the latest trading session, the Vanguard S&P 500 ETF was priced at $536.61. The fund has a 50-day simple moving average of $519.00 and a 200-day simple moving average of $499.34. Over the past year, the ETF has experienced a low of $375.95 and a high of $538.76, illustrating its volatility and potential for growth. The market capitalization of Vanguard S&P 500 ETF stands at $486.15 billion, with a price-to-earnings (P/E) ratio of 25.04 and a beta value of 1.00, indicating its correlation with the broader market.

Understanding the Vanguard S&P 500 ETF

The Vanguard 500 Index Fund, known as the ETF, is classified as an open-end investment company. It provides various classes of shares, including Investor Shares, Admiral Shares, Signal Shares, and ETF Shares. The main objective of the fund is to replicate the investment performance of the Standard & Poor’s 500 Index, which serves as a benchmark representing large-capitalization stocks in the United States.

investment, ETF, market