Sovereign Financial Group Inc. Grows Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Sovereign Financial Group Inc. boosted its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 1.8% in the 4th quarter, HoldingsChannel.com reports. The fund owned 7,982 shares of the company’s stock after buying an additional 144 shares during the period. Vanguard S&P 500 ETF comprises 1.0% of Sovereign Financial Group Inc.’s holdings, making the stock its 20th biggest position. Sovereign Financial Group Inc.’s holdings in Vanguard S&P 500 ETF were worth $4,301,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Silver Lake Advisory LLC bought a new stake in shares of Vanguard S&P 500 ETF in the second quarter worth about $25,119,000. Ironwood Wealth Management LLC. lifted its holdings in shares of Vanguard S&P 500 ETF by 1.6% in the 2nd quarter. Ironwood Wealth Management LLC. now owns 1,467 shares of the company’s stock valued at $734,000 after acquiring an additional 23 shares during the last quarter. American Century Companies Inc. grew its position in Vanguard S&P 500 ETF by 8.1% in the second quarter. American Century Companies Inc. now owns 41,400 shares of the company’s stock worth $20,705,000 after acquiring an additional 3,100 shares in the last quarter. WealthPLAN Partners LLC increased its stake in Vanguard S&P 500 ETF by 9.2% during the second quarter. WealthPLAN Partners LLC now owns 1,744 shares of the company’s stock worth $872,000 after acquiring an additional 147 shares during the last quarter. Finally, Luts & Greenleigh Group Inc. purchased a new stake in Vanguard S&P 500 ETF during the second quarter valued at approximately $510,000.

Vanguard S&P 500 ETF Stock Performance

NYSEARCA:VOO opened at $535.26 on Wednesday. The firm has a market capitalization of $484.92 billion, a PE ratio of 25.04 and a beta of 1.00. The stock’s fifty day moving average is $547.62 and its 200 day moving average is $526.21. Vanguard S&P 500 ETF has a fifty-two week low of $431.81 and a fifty-two week high of $559.96.

Vanguard S&P 500 ETF Profile

Vanguard 500 Index Fund (the Fund) is an open-end investment company, or mutual fund. The Fund offers four classes of shares: Investor Shares, Admiral Shares, Signal Shares, and Exchange Traded Fund (ETF) Shares. The Fund seeks to track the investment performance of the Standard & Poor’s 500 Index, an unmanaged benchmark representing the United States large-capitalization stocks.