Vanguard’s S&P 500 ETF Becomes First ETF to Reach $1 Trillion in Assets
Vanguard’s S&P 500-tracking ETF surpassed $1 trillion in assets, becoming the first exchange-traded fund to cross that threshold. The fund tracks the benchmark US stock index.
Earlier on Tuesday, the fund was at about $998 billion and had been growing by roughly $1.3 billion a day on average. The milestone reflects strong passive demand for US equities, including investors buying stock-market dips.
From the sources (6 posts)
@ericbalchunasVOO WATCH: Assets up to $998b.. Given it grows by an avg of $1.3b/day so that puts the $1T milestone on track for Friday. @Vanguard_Group where's the party going to be?
@exec_sumJUST IN: Vanguard fund becomes the first ETF to surpass $1 trillion in assets.
@ftVanguard fund becomes first ETF to top $1tn in assets
@ftBreaking news: Vanguard’s S&P 500 tracker has become the first exchange traded fund to reach $1tn in assets, in a sign of the weight of passive money that stands ready to buy listings such as SpaceX and Anthropic expected this year. htt
@businessA seemingly endless appetite for buying US stock dips has propelled Vanguard’s S&P 500-tracking ETF past $1 trillion in assets, making it the first fund of its kind to reach a milestone once thought unimaginable for the ETF industry htt
@stockmktnewz$VOO just became the first ETF ever to climb over a $1 Trillion market cap