Kovack Advisors Inc. Has $8.32 Million Holdings in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Kovack Advisors Inc. lifted its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 12.3% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 19,055 shares of the company’s stock after buying an additional 2,081 shares during the period. Vanguard S&P 500 ETF accounts for about 1.0% of Kovack Advisors Inc.’s investment portfolio, making the stock its 12th biggest holding. Kovack Advisors Inc.’s holdings in Vanguard S&P 500 ETF were worth $8,323,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of VOO. Raymond James & Associates lifted its stake in Vanguard S&P 500 ETF by 1.7% during the 4th quarter. Raymond James & Associates now owns 23,203,848 shares of the company’s stock valued at $10,135,441,000 after acquiring an additional 383,340 shares in the last quarter. Vanguard Group Inc. lifted its stake in Vanguard S&P 500 ETF by 6.0% during the 3rd quarter. Vanguard Group Inc. now owns 21,606,379 shares of the company’s stock valued at $8,484,825,000 after acquiring an additional 1,231,615 shares in the last quarter. Cerity Partners LLC lifted its stake in Vanguard S&P 500 ETF by 850.0% during the 4th quarter. Cerity Partners LLC now owns 8,877,995 shares of the company’s stock valued at $3,877,908,000 after acquiring an additional 7,943,467 shares in the last quarter. Acorns Advisers LLC lifted its stake in Vanguard S&P 500 ETF by 0.8% during the 3rd quarter. Acorns Advisers LLC now owns 7,796,892 shares of the company’s stock valued at $3,061,839,000 after acquiring an additional 63,167 shares in the last quarter. Finally, International Assets Investment Management LLC raised its stake in shares of Vanguard S&P 500 ETF by 48,075.4% during the 4th quarter. International Assets Investment Management LLC now owns 5,158,618 shares of the company’s stock worth $2,253,284,000 after purchasing an additional 5,147,910 shares during the period.

Vanguard S&P 500 ETF Price Performance

Shares of NYSEARCA VOO traded up $4.55 during mid-day trading on Friday, reaching $467.13. 4,901,646 shares of the company’s stock were exchanged, compared to its average volume of 5,530,121. The firm has a market capitalization of $423.20 billion, a price-to-earnings ratio of 25.59 and a beta of 1.00. Vanguard S&P 500 ETF has a 52 week low of $370.92 and a 52 week high of $483.23. The firm has a 50-day moving average price of $470.21 and a two-hundred day moving average price of $440.27.

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.