First Citizens Bank & Trust Co. expanded its position in Vanguard S&P 500 ETF by 4.0% during the third quarter, raising its total to 49,191 shares after adding 1,886 shares. This holding now represents 0.5% of the bank’s overall portfolio, ranking VOO as its 23rd largest position. As of the latest SEC filing, the stake was valued at $30.12 million, underscoring the ETF’s role in the institution’s diversified equity allocation.

TRB Advisors LP reported a 72.7% increase in its Vanguard S&P 500 ETF stake in the third quarter, acquiring an additional 200,000 shares to bring its total to 475,000 shares. This position now comprises 57.5% of TRB’s entire portfolio, making VOO the largest holding by far. The firm’s VOO investment was worth $290.88 million as of its most recent disclosure, reflecting a strategic tilt toward broad U.S. large-cap exposure.

Beyond these two investors, multiple institutional managers adjusted their VOO allocations in the latest quarter. Cheviot Value Management increased its stake by 19.4% to 3,896 shares (valued at $2.46 million), while 1834 Investment Advisors grew its holding by 1.8% to 36,562 shares ($22.39 million). Patten & Patten Inc. TN added 4,093 shares for a 23.7% lift to 21,380 shares ($13.09 million), and Winebrenner Capital Management expanded by 22.9% to 575 shares ($0.35 million). Mendel Capital Management also raised its position by 3.7%, acquiring 794 additional shares for a total of 22,056 shares ($13.51 million). These collective moves highlight sustained confidence in VOO’s benchmark-tracking strategy among diverse fiduciaries.