Balance Wealth LLC significantly increased its investment in the Vanguard S&P 500 ETF (NYSEARCA:VOO) during the third quarter of 2023. The firm raised its position by an impressive 76.2%, according to its latest filing with the Securities and Exchange Commission (SEC). Following this acquisition, Balance Wealth now owns a total of 29,570 shares of the ETF, having added 12,788 shares during the reporting period.
The Vanguard S&P 500 ETF now constitutes approximately 4.5% of Balance Wealth’s overall portfolio, making it the sixth largest holding in the firm’s investments. As of the latest reporting, the value of these holdings stands at $18,108,000.
Other Investors Follow Suit
Balance Wealth is not alone in its bullish stance on the Vanguard S&P 500 ETF. Several other prominent investors have also adjusted their stakes in the fund. For instance, Capital Wealth Alliance LLC increased its holdings by 1.9% during the second quarter, now owning 7,919 shares valued at $4,498,000 after acquiring an additional 148 shares.
Calamos Wealth Management LLC made a more substantial move, lifting its position by 41.2% in the third quarter. The firm now holds 11,856 shares worth $7,260,000 following an increase of 3,459 shares. Meanwhile, Capital Advisors Wealth Management LLC boosted its stake by a remarkable 228.1%, bringing its total to 2,408 shares valued at $1,475,000 after adding 1,674 shares.
Fermata Advisors LLC and Dynamic Advisor Solutions LLC also expanded their investments in the Vanguard ETF. Fermata Advisors increased its holdings by 21.5%, now owning 15,139 shares valued at $9,271,000, while Dynamic Advisor Solutions raised its stake by 30.9%, owning 28,602 shares worth $17,515,000.
Market Trends and Sentiment
Recent market trends indicate a mixed sentiment surrounding the Vanguard S&P 500 ETF and the broader S&P 500 index. Positive developments, such as favorable U.S. jobs data, have led to gains for the S&P 500, supporting inflows into index funds, including VOO. Analysts note that a tech-driven rally in 2025 saw the index rise by approximately 20%, with expectations that this momentum could carry into 2026, benefiting funds like VOO due to the significant weight of technology stocks in the index.
Despite this optimism, there are cautionary signals. Reports highlight a divided Federal Reserve in 2026, which could lead to volatility in equities. Market sentiment has shown signs of short-term weakness, with the S&P 500 experiencing declines over several sessions, reflecting a risk-off attitude among investors.
As of the latest trading session, shares of the Vanguard S&P 500 ETF opened at $627.13. The ETF has recorded a twelve-month low of $442.80 and a high of $636.08. Its market capitalization is approximately $780.41 billion, with a price-to-earnings ratio of 24.97 and a beta of 1.00.
The Vanguard S&P 500 ETF aims to track the performance of the Standard & Poor’s 500 Index, which represents a broad spectrum of large-cap U.S. stocks. It employs a passive management approach designed to mirror the index’s performance, making it a popular choice among investors looking for exposure to the U.S. equity market.
