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

Vanguard Large-Cap ETF (NYSEARCA:VV)’s share price hit a new 52-week high during trading on Wednesday . The company traded as high as $318.84 and last traded at $318.8460, with a volume of 138390 shares changing hands. The stock had previously closed at $317.61.

Vanguard Large-Cap ETF Price Performance

The business’s 50-day moving average is $312.59 and its two-hundred day moving average is $300.77. The firm has a market cap of $47.87 billion, a P/E ratio of 24.59 and a beta of 1.01.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of VV. Compass Financial Services Inc bought a new stake in shares of Vanguard Large-Cap ETF during the third quarter worth about $26,000. Evolution Wealth Management Inc. acquired a new position in Vanguard Large-Cap ETF during the 2nd quarter valued at about $29,000. Lazard Asset Management LLC acquired a new position in Vanguard Large-Cap ETF during the 3rd quarter valued at about $29,000. Twin Peaks Wealth Advisors LLC bought a new stake in Vanguard Large-Cap ETF during the 2nd quarter worth approximately $30,000. Finally, Tripletail Wealth Management LLC purchased a new stake in shares of Vanguard Large-Cap ETF in the third quarter worth approximately $31,000.

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.