Thurston Springer Miller Herd & Titak Inc. reduced its Vanguard S&P 500 ETF stake by 37.5% in the third quarter, according to an SEC filing, now holding 2,686 shares after selling 1,612. The position is worth $1,883,000 and accounts for 3.1% of the firm’s portfolio, making VOO its third-largest holding. VOO opened at $707.43 on Thursday, with a $1.04 trillion market cap, a price-to-earnings ratio of 24.97, and a twelve-month range of $578.46 to $718.47. The article notes that Citi maintains a bullish scenario with a potential year-end S&P 500 level of 8,100, while a hot core CPI reading pushed Treasury yields higher and weighed on growth stocks.
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Original headline: Vanguard S & P 500 ETF $VOO Stock Sold by Thurston Springer Miller Herd & Titak Inc .
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