Sovereign Financial Group Inc. Increases Position in Vanguard S&P 500 ETF $VOO

Sovereign Financial Group Inc. increased its holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 12.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,447 shares of the company’s stock after acquiring an additional 1,126 shares during the period. Vanguard S&P 500 ETF comprises approximately 1.2% of Sovereign Financial Group Inc.’s portfolio, making the stock its 19th biggest holding. Sovereign Financial Group Inc.’s holdings in Vanguard S&P 500 ETF were worth $6,397,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VOO. Brighton Jones LLC increased its position in shares of Vanguard S&P 500 ETF by 6.5% during the 4th quarter. Brighton Jones LLC now owns 34,524 shares of the company’s stock valued at $18,602,000 after purchasing an additional 2,112 shares during the last quarter. Bison Wealth LLC grew its position in Vanguard S&P 500 ETF by 6.1% during the fourth quarter. Bison Wealth LLC now owns 4,790 shares of the company’s stock valued at $2,581,000 after buying an additional 277 shares during the period. Invesco Ltd. grew its position in Vanguard S&P 500 ETF by 255.4% during the first quarter. Invesco Ltd. now owns 2,566 shares of the company’s stock valued at $1,319,000 after buying an additional 1,844 shares during the period. BNP Paribas Financial Markets increased its holdings in Vanguard S&P 500 ETF by 1.1% during the first quarter. BNP Paribas Financial Markets now owns 77,163 shares of the company’s stock worth $39,655,000 after buying an additional 875 shares during the last quarter. Finally, WPG Advisers LLC bought a new stake in Vanguard S&P 500 ETF in the first quarter worth about $60,000.

Vanguard S&P 500 ETF Stock Up 0.0%

VOO opened at $634.84 on Friday. Vanguard S&P 500 ETF has a twelve month low of $442.80 and a twelve month high of $636.08. The company’s 50-day moving average price is $623.60 and its two-hundred day moving average price is $600.09. The stock has a market cap of $790.00 billion, a price-to-earnings ratio of 24.97 and a beta of 1.00.

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. The Fund employs a passive management-or indexing-investment approach designed to track the performance of the Standard & Poor’s 500 Index.