Vanguard Large-Cap ETF (NYSEARCA:VV) Hits New 1-Year High – Here’s Why

Vanguard Large-Cap ETF (NYSEARCA:VV)’s stock price hit a new 52-week high on Thursday . The company traded as high as $329.55 and last traded at $329.51, with a volume of 160983 shares. The stock had previously closed at $327.13.

Vanguard Large-Cap ETF Price Performance

The stock has a market capitalization of $50.42 billion, a P/E ratio of 24.59 and a beta of 1.01. The stock’s fifty day moving average is $311.83 and its two-hundred day moving average is $313.59.

Hedge Funds Weigh In On Vanguard Large-Cap ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VV. Great Point Wealth Advisors LLC acquired a new position in Vanguard Large-Cap ETF in the 3rd quarter worth approximately $2,189,000. Chicago Capital LLC acquired a new position in Vanguard Large-Cap ETF in the 3rd quarter worth approximately $1,642,000. IMA Advisory Services Inc. boosted its stake in Vanguard Large-Cap ETF by 12.5% in the 3rd quarter. IMA Advisory Services Inc. now owns 249,988 shares of the company’s stock worth $76,764,000 after purchasing an additional 27,745 shares during the period. Atmos Advisory LLC boosted its stake in Vanguard Large-Cap ETF by 5.1% in the 4th quarter. Atmos Advisory LLC now owns 64,291 shares of the company’s stock worth $20,239,000 after purchasing an additional 3,118 shares during the period. Finally, AlphaCore Capital LLC boosted its position in Vanguard Large-Cap ETF by 17.0% during the 3rd quarter. AlphaCore Capital LLC now owns 53,748 shares of the company’s stock worth $16,591,000 after acquiring an additional 7,799 shares during the period.

Vanguard Large-Cap ETF Company 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. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.