Latest news with #VOO
Yahoo
5 hours ago
- Business
- Yahoo
Vanguard Dividing Fund Lineups Between Two Teams
The Vanguard Group is dividing its multi-trillion dollar lineup of ETFs and mutual funds—which includes the world's largest ETF, the Vanguard S&P 500 ETF (VOO)—between a pair of investment advisor teams for the first time, as asset managers encounter an investing landscape reshaped by technology and the demand for fresh products. Vanguard, the world's second-largest asset manager with $10 trillion across a range of funds, is creating a pair of teams called Vanguard Capital Management and Vanguard Portfolio Management, according to a statement. Both had previously been under a single entity, The Vanguard Group. As Vanguard turns 50 years old, asset managers are confronting challenges, including surging demand for exchange-traded funds, slowing mutual fund inflows, active fund growth, and surging investor interest in cryptocurrency and technologies like blockchain that may replace physical assets in some cases. Vanguard, the No. 2 ETF issuer behind BlackRock's iShares, has also come under criticism for a failure to improve aspects of its customer service. 'Their mammoth size now requires more focus than a single team could handle,' Daniel Sotiroff, CFA, Morningstar Direct senior manager research analyst, wrote in a note. Vanguard manages both the world's largest ETF, the $681.6 billion VOO, and mutual fund, the $1.8 trillion Vanguard Total Stock Market Index Fund (VTSAX). The sheer size of the Malvern, Pennsylvania-based company's holdings is creating other problems, Sotiroff noted. Vanguard owns big stakes in most publicly traded stocks and, with some of those stakes exceeding regulatory limits, the company may have to cap ownership of some stocks, he wrote. 'They may not track their target index as accurately as they had in the past,' Sotiroff wrote. 'Likewise, it may restrict an active manager's ability to express their best ideas.' Vanguard Top 5 ETFs—Source: FactSet Vanguard Capital Management will include fixed income led by Sara Devereux, and global equity index management led by Rodney Comegys. Vanguard Portfolio Management will include Quantitative Equity Group, and will also lead Strategic Equity Index Management led by John Ameriks. They will report to Vanguard President and Chief Investment Officer Greg Davis. Vanguard, with $3.3 trillion in 92 exchange-traded funds, said the changes take effect next year. Note: Second-to-last paragraph recast to better reflect groups' structures. Permalink | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
11 hours ago
- Business
- Globe and Mail
VOO ETF News, 6/16/2025
How is VOO stock faring? The Vanguard S&P 500 ETF is down 1.03% in the past five days and 9.11% over the past year. Confident Investing Starts Here: According to TipRanks' unique ETF analyst consensus, determined based on a weighted average of its holdings' analyst ratings, VOO is a Moderate Buy. The Street's average price target of $611.49 implies an upside of 11.43%. Currently, VOO's five holdings with the highest upside potential are Caesars Entertainment (CZR), Interpublic Group of Companies (IPG), Moderna (MRNA), LKQ Corp. (LKQ), and PG&E Corp. (PCG). Meanwhile, its five holdings with the greatest downside potential are Palantir Technologies (PLTR), Franklin Resources (BEN), Cf Industries Holdings (CF), Tesla (TSLA), and Garmin (GRMN). Revealingly, VOO ETF's Smart Score is a seven, implying that this ETF will likely perform in line with the market. Power up your ETF investing with TipRanks. Discover the Top Equity ETFs with High Upside Potential, carefully curated based on TipRanks' analysis.
Yahoo
a day ago
- Business
- Yahoo
Could This Easy Buffett-Approved Investment Turn $300 Per Month into $1 Million?
Warren Buffett has always believed in the strength of American companies. By using certain Buffett techniques, you could significantly grow the value of your portfolio over time. 10 stocks we like better than Vanguard S&P 500 ETF › Warren Buffett's investing techniques have resulted in big gains for Berkshire Hathaway over the long term and a billion-dollar portfolio. So you may be wondering this: Could one very easy Buffett-approved investment turn $300 per month into $1 million? The answer is yes, if you follow certain key steps. This particular investment is an S&P 500 index fund, such as the Vanguard S&P 500 ETF (NYSEMKT: VOO). When you buy shares of this fund, you're betting on the long-term growth of American companies, something Buffett has done throughout his investing career through individual stocks and exchange-traded funds, including this Vanguard one. This has helped Berkshire Hathaway post a compounded annual gain of nearly 20% over the past 59 years. Now it's our turn. Let's find out how you can start with $300 and potentially end up with $1 million. First, let's consider why Buffett recommends such an instrument in the first place. The top investor strongly believes in stock picking, but he also emphasizes that investing in a fund that tracks the S&P 500 is the perfect way for nonprofessional investors to gain exposure to America's best companies. You don't have to worry about picking tomorrow's winning stocks -- and this investment also automatically offers you instant diversification across stocks and industries. It's important to remember that the S&P 500 includes the companies driving the economy of the times -- and the index rebalances quarterly, meaning when you invest in this benchmark, you'll always be invested in the most compelling stocks of the day. Over time, the S&P 500 has delivered an average annual return of 10%, so it's clearly rewarded long-term investors. Of course, you won't directly buy shares of the index but instead shares of an ETF that tracks the index's performance. The Vanguard S&P 500 ETF holds the same stocks that are in the benchmark and at the same weight, so it can do this job. Buffett not only recommends this sort of fund to others, but as mentioned above, he's been an investor in S&P 500 ETFs. To further illustrate his commitment to this strategy, he says he's directed a trustee, upon his death, to put most of his cash into such a fund for the benefit of his wife. Now, let's consider how you can turn a regular investment of a few hundred dollars into major wealth. It involves the following steps: Commit to an investing time period, ideally a long one such as 35 years. Make an initial investment in the Vanguard S&P 500 ETF. Decide on an amount to add on a monthly basis to this investment and stick to it over your time horizon. Watch your investment grow over the long run, thanks to the magic of compounding. Let's consider a concrete example, using a time period of 35 years and the idea that the index will continue delivering an average annual return of 10%. If you make an initial investment of $1,000 in the Vanguard ETF and go on to invest $300 monthly, the value of your investment could reach $1 million by the end of that time period. You will have invested $127,000 -- and your returns would top $876,000. If you don't want to set a such a lengthy time horizon or have a smaller amount to invest per month, don't worry. You can adapt this method to your budget and/or invest over a shorter time period, for example 15 to 20 years, and still see significant gains. So as Buffett has said, an investment in a good index fund offers you a quick and easy way to gain exposure to quality companies that may win over the long run. And by applying the compounding strategy I mention above, you'll truly optimize your investment and may set yourself off on the road to $1 million. Before you buy stock in Vanguard S&P 500 ETF, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Vanguard S&P 500 ETF wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $658,297!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $883,386!* Now, it's worth noting Stock Advisor's total average return is 992% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 9, 2025 Adria Cimino has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Berkshire Hathaway and Vanguard S&P 500 ETF. The Motley Fool has a disclosure policy. Could This Easy Buffett-Approved Investment Turn $300 Per Month into $1 Million? was originally published by The Motley Fool
Yahoo
3 days ago
- Business
- Yahoo
BlackRock Looks to Take ETF Volume Crown from State Street
State Street Corp. (STT) is on track to lose its position as the world leader in ETF trading volume, as investors aggressively snap up BlackRock Inc. (BLK) funds, according to Bloomberg Intelligence. State Street, whose SPDR business is the third-largest U.S. ETF issuer by assets behind BlackRock's iShares and The Vanguard Group, controls 31% of U.S. exchange-traded fund trading volume, Bloomberg ETF Analyst Athanasios Psarofagis wrote. While rival BlackRock holds 25%, its share is growing faster thanks to trading in the iShares Bitcoin ETF Trust (IBIT), its spot Bitcoin fund, and the iShares Core S&P 500 ETF (IVV). Volume is critical in the ETF business where the three largest funds, the Vanguard S&P 500 ETF (VOO), the SPDR S&P 500 ETF Trust (SPY) and IVV charge rock-bottom fees and count on huge assets to generate income. The $607.4 billion SPY, which this year lost its title as the world's largest ETF to the $679.8 billion VOO, is the most expensive among the world's three biggest ETFs. 'BlackRock has steadily narrowed the gap and is on track to take the No. 1 spot,' Psarofagis wrote. VOO has become the largest ETF due to winning the most investor money this year, hauling in a net $80.9 billion while the other two big funds have had outflows. Still, SPY typically does more volume: Last week, 585 million shares traded, crushing VOO's 67.8 million and IVV's 66.8 million, according to FactSet data on IBIT, the fastest-growing ETF on record, had volume of 339.7 million shares last week. IBIT One-Month Price and Volume—Source: FactSet Volume overall has grown 'dramatically' in the past few years, and now about $13 trillion trades each quarter, Psarofagis wrote. The top 10 ETFs account for 44% of all volume and, while that's concentrated, it's actually broadened from a peak of 51%, he said. Analysts have speculated that IVV may soon surpass SPY to become the second-largest | © Copyright 2025 All rights reserved Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Franklin Resources price target raised to $28 from $27 at TD Cowen
TD Cowen analyst Bill Katz raised the firm's price target on Franklin Resources (BEN) to $28 from $27 and keeps a Buy rating on the shares. The firm raised its estimates as they see building momentum in the long-term flow inflection; with WAMCO-related attrition stabilizing well ahead of their baseline model. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on BEN: Disclaimer & DisclosureReport an Issue VOO ETF News, 6/16/2025 VOO ETF News, 6/12/2025 XRP Ledger Lands a Power Player as Guggenheim Tokenizes Treasuries VOO ETF News, 6/9/2025 Franklin Resources reports preliminary AUM of $1.57T as of May 31, 2025 Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
