Vanguard S&P 500 ETF $VOO is Kovack Advisors Inc.’s 9th Largest Position

Kovack Advisors Inc. lowered its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 3.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 34,852 shares of the company’s stock after selling 1,283 shares during the period. Vanguard S&P 500 ETF comprises 2.0% of Kovack Advisors Inc.’s portfolio, making the stock its 9th biggest holding. Kovack Advisors Inc.’s holdings in Vanguard S&P 500 ETF were worth $21,343,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also recently made changes to their positions in VOO. Berkeley Capital Partners LLC raised its stake in shares of Vanguard S&P 500 ETF by 11.8% during the 3rd quarter. Berkeley Capital Partners LLC now owns 1,432 shares of the company’s stock valued at $877,000 after purchasing an additional 151 shares during the period. Schrum Private Wealth Management LLC lifted its holdings in shares of Vanguard S&P 500 ETF by 1.8% in the third quarter. Schrum Private Wealth Management LLC now owns 7,146 shares of the company’s stock worth $4,376,000 after buying an additional 125 shares in the last quarter. Strategic Family Wealth Counselors L.L.C. boosted its position in shares of Vanguard S&P 500 ETF by 6.0% in the third quarter. Strategic Family Wealth Counselors L.L.C. now owns 5,866 shares of the company’s stock valued at $3,592,000 after acquiring an additional 330 shares during the period. New Millennium Group LLC grew its stake in Vanguard S&P 500 ETF by 3.3% during the third quarter. New Millennium Group LLC now owns 1,834 shares of the company’s stock valued at $1,123,000 after acquiring an additional 58 shares in the last quarter. Finally, Y.D. More Investments Ltd increased its holdings in Vanguard S&P 500 ETF by 15.3% during the 3rd quarter. Y.D. More Investments Ltd now owns 38,170 shares of the company’s stock worth $23,375,000 after acquiring an additional 5,064 shares during the period.

Vanguard S&P 500 ETF Price Performance

NYSEARCA VOO opened at $629.53 on Friday. The company’s 50 day simple moving average is $632.17 and its two-hundred day simple moving average is $617.32. Vanguard S&P 500 ETF has a 1 year low of $442.80 and a 1 year high of $641.81. The stock has a market capitalization of $842.45 billion, a PE ratio of 24.97 and a beta of 1.00.

About Vanguard S&P 500 ETF

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.