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

Sovereign Financial Group Inc. trimmed its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 8.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 9,330 shares of the company’s stock after selling 823 shares during the quarter. Vanguard S&P 500 ETF comprises 1.2% of Sovereign Financial Group Inc.’s investment portfolio, making the stock its 17th biggest holding. Sovereign Financial Group Inc.’s holdings in Vanguard S&P 500 ETF were worth $4,075,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. WBH Advisory Inc. boosted its holdings in Vanguard S&P 500 ETF by 0.6% during the fourth quarter. WBH Advisory Inc. now owns 4,140 shares of the company’s stock worth $1,808,000 after buying an additional 23 shares in the last quarter. RAM Investment Partners LLC increased its position in shares of Vanguard S&P 500 ETF by 2.5% in the fourth quarter. RAM Investment Partners LLC now owns 969 shares of the company’s stock valued at $423,000 after buying an additional 24 shares in the last quarter. Wealth Effects LLC raised its stake in shares of Vanguard S&P 500 ETF by 0.7% during the 4th quarter. Wealth Effects LLC now owns 3,308 shares of the company’s stock worth $1,445,000 after buying an additional 24 shares during the last quarter. Eudaimonia Advisors LLC boosted its position in shares of Vanguard S&P 500 ETF by 0.8% in the 4th quarter. Eudaimonia Advisors LLC now owns 3,037 shares of the company’s stock worth $1,327,000 after buying an additional 24 shares in the last quarter. Finally, Rehmann Capital Advisory Group grew its stake in Vanguard S&P 500 ETF by 1.2% in the 3rd quarter. Rehmann Capital Advisory Group now owns 2,156 shares of the company’s stock valued at $847,000 after acquiring an additional 25 shares during the last quarter.

Vanguard S&P 500 ETF Price Performance

VOO traded up $0.02 during midday trading on Wednesday, reaching $475.42. 3,207,272 shares of the company’s stock were exchanged, compared to its average volume of 5,412,117. The business’s 50-day moving average price is $470.97 and its 200 day moving average price is $444.38. The stock has a market capitalization of $430.71 billion, a PE ratio of 25.04 and a beta of 1.00. Vanguard S&P 500 ETF has a 1-year low of $375.64 and a 1-year high of $483.23.

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.