Sequoia Financial Advisors LLC Boosts Stake in Vanguard S&P 500 ETF (NYSEARCA:VOO)

Sequoia Financial Advisors LLC grew its stake in shares of Vanguard S&P 500 ETF (NYSEARCA:VOO) by 14.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 43,822 shares of the company’s stock after buying an additional 5,555 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Vanguard S&P 500 ETF were worth $22,521,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Putney Financial Group LLC purchased a new position in Vanguard S&P 500 ETF in the 4th quarter worth $42,000. Delos Wealth Advisors LLC increased its position in shares of Vanguard S&P 500 ETF by 166.7% in the fourth quarter. Delos Wealth Advisors LLC now owns 80 shares of the company’s stock valued at $43,000 after acquiring an additional 50 shares during the period. Measured Risk Portfolios Inc. purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at about $48,000. Sherman Asset Management Inc. purchased a new position in shares of Vanguard S&P 500 ETF in the fourth quarter valued at about $52,000. Finally, Zeit Capital LLC increased its position in shares of Vanguard S&P 500 ETF by 27.5% in the fourth quarter. Zeit Capital LLC now owns 102 shares of the company’s stock valued at $57,000 after acquiring an additional 22 shares during the period.

Vanguard S&P 500 ETF Trading Up 0.1%

VOO stock opened at $559.72 on Thursday. The firm’s 50-day moving average price is $531.80 and its two-hundred day moving average price is $533.65. Vanguard S&P 500 ETF has a 12-month low of $442.80 and a 12-month high of $563.92. The stock has a market capitalization of $1.58 trillion, a price-to-earnings ratio of 24.97 and a beta of 1.01.

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.