SOA Wealth Advisors Boosts Stake in Vanguard S&P 500 ETF by 2.6%
SOA Wealth Advisors LLC has increased its holdings in the Vanguard S&P 500 ETF (NYSEARCA: VOO) by 2.6% during the third quarter, according to a recent filing with the Securities and Exchange Commission. The firm acquired an additional 1,369 shares, bringing its total ownership to 53,054 shares. As of the latest report, SOA Wealth Advisors’ stake in the Vanguard S&P 500 ETF is valued at approximately $32.5 million, making it the firm’s sixth largest investment.
The Vanguard S&P 500 ETF represents about 3.3% of SOA Wealth Advisors’ overall investment portfolio. This strategic move reflects a broader trend among institutional investors, as other hedge funds have also adjusted their positions in the ETF recently.
Other Institutional Changes
Brighton Jones LLC has increased its stake in the Vanguard S&P 500 ETF by 6.5% during the fourth quarter, now holding 34,524 shares valued at $18.6 million. Similarly, Bison Wealth LLC raised its holdings by 6.1%, acquiring an additional 277 shares to reach a total of 4,790 shares, valued at approximately $2.58 million.
AQR Capital Management LLC made a significant adjustment by boosting its stake by 25.0% in the first quarter, bringing its total to 149,746 shares worth around $76.96 million. Banque Transatlantique SA made an even more remarkable increase, lifting its holdings by an astonishing 24,520.0%, now owning 1,231 shares valued at $584,000 after acquiring an additional 1,226 shares.
Copperleaf Capital LLC also expanded its position, increasing its stake in the ETF by 38.4%, resulting in ownership of 4,818 shares worth approximately $2.48 million after purchasing an additional 1,336 shares.
Market Overview and ETF Performance
The Vanguard S&P 500 ETF, known for tracking the performance of the Standard & Poor’s 500 Index, has seen varied performance in recent weeks, trading down by 0.7% as of the latest reports. The ETF is designed to offer a passive investment approach, allowing investors to gain exposure to large-cap U.S. stocks without the need for active management.
The Vanguard S&P 500 ETF is structured as an open-end investment company and offers several classes of shares, including Investor Shares, Admiral Shares, Signal Shares, and ETF Shares. This diversity allows investors to choose the option that best suits their financial strategies.
For those interested in monitoring hedge fund activities and changes in holdings for the Vanguard S&P 500 ETF, resources such as HoldingsChannel.com provide up-to-date information on 13F filings and insider trades.
Overall, the actions taken by SOA Wealth Advisors and other institutional investors indicate a robust interest in the Vanguard S&P 500 ETF, reflecting confidence in its long-term potential as a key component of diversified investment portfolios.
