Covenant Asset Management LLC Has $609,000 Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Covenant Asset Management LLC trimmed its stake in Vanguard S&P 500 ETF (NYSEARCA:VOO) by 2.1% in the third quarter, Holdings Channel.com reports. The firm owned 1,154 shares of the company’s stock after selling 25 shares during the quarter. Covenant Asset Management LLC’s holdings in Vanguard S&P 500 ETF were worth $609,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Marquette Asset Management LLC purchased a new stake in shares of Vanguard S&P 500 ETF during the third quarter worth $36,000. Prospera Private Wealth LLC bought a new stake in Vanguard S&P 500 ETF in the third quarter worth approximately $46,000. Abich Financial Wealth Management LLC acquired a new position in shares of Vanguard S&P 500 ETF during the 2nd quarter valued at about $50,000. Kennebec Savings Bank acquired a new stake in shares of Vanguard S&P 500 ETF in the third quarter worth $51,000. Finally, Mendota Financial Group LLC acquired a new position in Vanguard S&P 500 ETF during the 3rd quarter worth $53,000.

Vanguard S&P 500 ETF Trading Up 0.6 %

VOO opened at $546.07 on Friday. The business has a 50 day moving average of $532.11 and a 200-day moving average of $510.38. Vanguard S&P 500 ETF has a 1-year low of $416.57 and a 1-year high of $551.73. The stock has a market capitalization of $494.72 billion, a price-to-earnings ratio of 25.04 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.