Union Savings Bank raised its stake in the Vanguard S&P 500 ETF (VOO) by 242.0% in the third quarter, according to its latest SEC filing. The institutional investor now holds 1,238 shares after buying 876 more, a position worth $868,000 at the end of the reporting period. VOO opened at $707.43 on Thursday, within a 1-year range of $578.46 to $718.47, with a market cap of $1.04 trillion. Citi maintained a bullish view, projecting the S&P 500 could reach 8,100 by year-end if currently weak market segments stabilize, while hot core CPI data pushed Treasury yields higher and weighed on growth stocks and chip shares.
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