Magnolia Capital Advisors LLC Decreases Stake in Vanguard Large-Cap ETF $VV

Magnolia Capital Advisors LLC lowered its position in Vanguard Large-Cap ETF (NYSEARCA:VV) by 11.3% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 15,758 shares of the company’s stock after selling 2,010 shares during the period. Vanguard Large-Cap ETF accounts for approximately 1.1% of Magnolia Capital Advisors LLC’s portfolio, making the stock its 23rd biggest holding. Magnolia Capital Advisors LLC’s holdings in Vanguard Large-Cap ETF were worth $4,496,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Jones Financial Companies Lllp lifted its holdings in Vanguard Large-Cap ETF by 1.3% in the 1st quarter. Jones Financial Companies Lllp now owns 16,130,782 shares of the company’s stock valued at $4,120,951,000 after purchasing an additional 213,730 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Vanguard Large-Cap ETF by 1.0% during the 1st quarter. Vanguard Group Inc. now owns 3,480,125 shares of the company’s stock worth $894,497,000 after acquiring an additional 34,057 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vanguard Large-Cap ETF by 2.0% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 2,663,528 shares of the company’s stock worth $684,607,000 after acquiring an additional 52,878 shares during the period. Envestnet Asset Management Inc. raised its holdings 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 acquiring an additional 193,655 shares during the period. Finally, TIAA Trust National Association raised its holdings in shares of Vanguard Large-Cap ETF by 4.4% during the 2nd quarter. TIAA Trust National Association now owns 1,123,039 shares of the company’s stock worth $320,403,000 after acquiring an additional 47,544 shares during the period.

Vanguard Large-Cap ETF Stock Up 0.1%

NYSEARCA VV opened at $315.91 on Tuesday. Vanguard Large-Cap ETF has a 52 week low of $221.40 and a 52 week high of $318.84. The business’s fifty day simple moving average is $306.50 and its 200-day simple moving average is $288.29. The firm has a market cap of $47.45 billion, a PE ratio of 24.59 and a beta of 1.01.

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.