Parallel Advisors LLC Sells 4,333 Shares of Vanguard Large-Cap ETF $VV

Parallel Advisors LLC lowered its holdings in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 2.0% in the 1st quarter, Holdings Channel.com reports. The firm owned 211,550 shares of the company’s stock after selling 4,333 shares during the quarter. Vanguard Large-Cap ETF makes up approximately 1.1% of Parallel Advisors LLC’s investment portfolio, making the stock its 13th largest position. Parallel Advisors LLC’s holdings in Vanguard Large-Cap ETF were worth $63,222,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new position in shares of Vanguard Large-Cap ETF in the fourth quarter worth approximately $25,000. Lazard Asset Management LLC purchased a new stake in Vanguard Large-Cap ETF during the third quarter valued at approximately $29,000. Optima Capital LLC purchased a new stake in Vanguard Large-Cap ETF during the fourth quarter valued at approximately $30,000. Reicon Wealth Advisors LLC purchased a new stake in Vanguard Large-Cap ETF during the fourth quarter valued at approximately $32,000. Finally, Wiser Advisor Group LLC bought a new position in Vanguard Large-Cap ETF in the third quarter worth approximately $43,000.

Vanguard Large-Cap ETF Trading Up 1.8%

VV opened at $355.19 on Wednesday. The firm’s 50 day simple moving average is $343.49 and its two-hundred day simple moving average is $327.18. The company has a market capitalization of $54.20 billion, a PE ratio of 24.59 and a beta of 1.01. Vanguard Large-Cap ETF has a 1-year low of $289.11 and a 1-year high of $356.08.

About Vanguard Large-Cap ETF

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.