Vanguard S&P 500 ETF Reaches $1.5T AUM, 0.03% Fees, 1.1% Yield
Vanguard S&P 500 ETF imposes a 0.03% expense ratio on $1.5 trillion AUM, delivering a 13% trailing 1-year return with a 1.1% dividend yield and 35% tech weight. Its liquidity advantage over iShares’ IVV may appeal to large-scale investors despite slightly lower yield and sector tilt.
1. First Citizens Bank & Trust Co. Increases Stake in Vanguard S&P 500 ETF
First Citizens Bank & Trust Co. expanded its position in Vanguard S&P 500 ETF by 4.0% during the third quarter, adding 1,886 shares to reach a total holding of 49,191 shares. This stake represents 0.5% of the bank’s overall portfolio, ranking it as the institution’s 23rd largest holding. As of the latest SEC filing, the value of this investment stood at $30.12 million, underscoring the firm’s continued confidence in broad U.S. large-cap equity exposure.
2. TRB Advisors LP Amplifies Vanguard S&P 500 ETF Holding
TRB Advisors LP reported a substantial 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 accounts for 57.5% of TRB’s total assets under management, making VOO its largest single holding. The ETF position was valued at approximately $290.88 million at quarter-end, reflecting TRB’s strategic emphasis on benchmark index tracking amid prevailing market conditions.
3. Cullen Frost Bankers Inc. Trims Vanguard S&P 500 ETF Position
Cullen Frost Bankers Inc. reduced its allocation to Vanguard S&P 500 ETF by 1.6% over the third quarter, selling 834 shares and lowering its total to 51,459 shares. Despite the modest reduction, the ETF remains a core component of the firm’s equity strategy. The residual stake was valued at roughly $31.51 million as of the most recent reporting period, signaling a cautious rebalancing rather than a shift away from U.S. large-cap equities.