Modern Wealth Management LLC Sells 40,434 Shares of Vanguard Large-Cap ETF $VV

Modern Wealth Management LLC decreased its holdings in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 44.1% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 51,216 shares of the company’s stock after selling 40,434 shares during the period. Modern Wealth Management LLC’s holdings in Vanguard Large-Cap ETF were worth $14,612,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in VV. Wealthspire Advisors LLC grew its stake in shares of Vanguard Large-Cap ETF by 26.2% during the second quarter. Wealthspire Advisors LLC now owns 1,096,878 shares of the company’s stock worth $312,939,000 after purchasing an additional 227,460 shares during the period. Jones Financial Companies Lllp boosted its holdings in Vanguard Large-Cap ETF by 1.3% during the first quarter. Jones Financial Companies Lllp now owns 16,130,782 shares of the company’s stock worth $4,120,951,000 after buying an additional 213,730 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Vanguard Large-Cap ETF by 14.3% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,545,138 shares of the company’s stock worth $440,820,000 after buying an additional 193,655 shares during the period. Johnson Financial Group LLC grew its position in shares of Vanguard Large-Cap ETF by 12.0% during the 2nd quarter. Johnson Financial Group LLC now owns 1,610,784 shares of the company’s stock worth $459,557,000 after buying an additional 173,152 shares during the period. Finally, Vanguard Group Inc. increased its stake in shares of Vanguard Large-Cap ETF by 3.3% in the 2nd quarter. Vanguard Group Inc. now owns 3,594,803 shares of the company’s stock valued at $1,025,597,000 after acquiring an additional 114,678 shares during the last quarter.

Vanguard Large-Cap ETF Price Performance

Shares of NYSEARCA:VV opened at $314.75 on Friday. The firm’s 50 day simple moving average is $311.74 and its 200 day simple moving average is $298.42. Vanguard Large-Cap ETF has a fifty-two week low of $221.40 and a fifty-two week high of $318.84. The company has a market capitalization of $47.28 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01.

Vanguard Large-Cap ETF Profile

Vanguard Large-Cap Index Fund (the Fund) seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The Fund employs a passive management investment approach designed to track the performance of the MSCI US Prime Market 750 Index, a diversified index predominantly made up of stocks of large United States companies.