Vanguard Large-Cap ETF (NYSEARCA:VV) Hits New 52-Week High – Time to Buy?

Vanguard Large-Cap ETF (NYSEARCA:VV) shares hit a new 52-week high on Tuesday. The company traded as high as $359.36 and last traded at $360.0190, with a volume of 38528 shares changing hands. The stock had previously closed at $357.66.

Vanguard Large-Cap ETF Stock Down 0.3%

The firm has a market capitalization of $55.22 billion, a PE ratio of 24.59 and a beta of 1.01. The business’s 50-day moving average price is $353.50 and its 200-day moving average price is $339.99.

Institutional Investors Weigh In On Vanguard Large-Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VV. Wealthquest Corp grew its holdings in shares of Vanguard Large-Cap ETF by 5.3% during the 1st quarter. Wealthquest Corp now owns 1,240,667 shares of the company’s stock valued at $370,773,000 after acquiring an additional 62,854 shares in the last quarter. Axxcess Wealth Management LLC raised its holdings in shares of Vanguard Large-Cap ETF by 1.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 1,058,705 shares of the company’s stock worth $333,280,000 after acquiring an additional 10,079 shares in the last quarter. Wealthfront Advisers LLC raised its holdings in shares of Vanguard Large-Cap ETF by 2.9% during the first quarter. Wealthfront Advisers LLC now owns 738,555 shares of the company’s stock worth $220,717,000 after acquiring an additional 20,753 shares in the last quarter. Mariner LLC boosted its position in Vanguard Large-Cap ETF by 2.5% during the fourth quarter. Mariner LLC now owns 588,298 shares of the company’s stock valued at $185,197,000 after purchasing an additional 14,334 shares during the last quarter. Finally, Focus Partners Wealth boosted its position in Vanguard Large-Cap ETF by 0.6% during the fourth quarter. Focus Partners Wealth now owns 521,864 shares of the company’s stock valued at $164,203,000 after purchasing an additional 2,926 shares during the last quarter.

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.