Kovack Advisors Inc. Has $14.54 Million Stock Position in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Kovack Advisors Inc. decreased its position in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 7.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 26,988 shares of the company’s stock after selling 2,233 shares during the quarter. Vanguard S&P 500 ETF accounts for 1.4% of Kovack Advisors Inc.’s portfolio, making the stock its 9th largest position. Kovack Advisors Inc.’s holdings in Vanguard S&P 500 ETF were worth $14,542,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its holdings in shares of Vanguard S&P 500 ETF by 13.7% during the third quarter. JPMorgan Chase & Co. now owns 23,924,836 shares of the company’s stock valued at $12,624,419,000 after buying an additional 2,879,321 shares during the last quarter. Strategic Financial Concepts LLC grew its holdings in shares of Vanguard S&P 500 ETF by 62,488.2% during the fourth quarter. Strategic Financial Concepts LLC now owns 10,009,729 shares of the company’s stock valued at $5,393,342,000 after buying an additional 9,993,736 shares during the last quarter. Kedalion Capital Management LLP purchased a new stake in shares of Vanguard S&P 500 ETF during the fourth quarter valued at approximately $2,424,795,000. Cerity Partners LLC grew its holdings in shares of Vanguard S&P 500 ETF by 0.6% during the third quarter. Cerity Partners LLC now owns 3,474,212 shares of the company’s stock valued at $1,833,375,000 after buying an additional 21,745 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Vanguard S&P 500 ETF by 139.9% in the fourth quarter. Bank of New York Mellon Corp now owns 3,402,904 shares of the company’s stock worth $1,833,519,000 after purchasing an additional 1,984,281 shares during the last quarter.

Vanguard S&P 500 ETF Trading Up 0.1 %

Shares of VOO stock opened at $546.75 on Thursday. Vanguard S&P 500 ETF has a 12-month low of $453.90 and a 12-month high of $563.92. The firm’s 50 day moving average is $550.08 and its 200 day moving average is $537.39. The stock has a market capitalization of $1.45 trillion, a P/E ratio of 26.67 and a beta of 1.01.

Vanguard S&P 500 ETF Company 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.