Vanguard Large-Cap ETF (NYSEARCA:VV) Sets New 12-Month High – Should You Buy?
by Renee Jackson · The Cerbat GemShares of Vanguard Large-Cap ETF (NYSEARCA:VV – Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $319.35 and last traded at $319.2950, with a volume of 667001 shares changing hands. The stock had previously closed at $317.55.
Vanguard Large-Cap ETF Stock Up 0.5%
The company has a 50 day simple moving average of $313.86 and a 200-day simple moving average of $303.31. The stock has a market capitalization of $47.78 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01.
Hedge Funds Weigh In On Vanguard Large-Cap ETF
Several large investors have recently modified their holdings of the business. Allworth Financial LP grew its stake in shares of Vanguard Large-Cap ETF by 16.7% during the second quarter. Allworth Financial LP now owns 38,369 shares of the company’s stock valued at $10,947,000 after purchasing an additional 5,478 shares during the last quarter. Acropolis Investment Management LLC increased its holdings in Vanguard Large-Cap ETF by 3.1% in the third quarter. Acropolis Investment Management LLC now owns 171,400 shares of the company’s stock valued at $48,900,000 after purchasing an additional 5,212 shares during the last quarter. Daner Wealth Management LLC bought a new stake in shares of Vanguard Large-Cap ETF in the 2nd quarter valued at about $12,906,000. Addis & Hill Inc raised its position in shares of Vanguard Large-Cap ETF by 1.2% in the 3rd quarter. Addis & Hill Inc now owns 208,652 shares of the company’s stock valued at $64,482,000 after acquiring an additional 2,473 shares during the period. Finally, Blueprint Financial Advisors LLC acquired a new stake in Vanguard Large-Cap ETF in the second quarter worth $17,550,000.
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.