Scharf Investments LLC Makes New $557,000 Investment in Vanguard Large-Cap ETF $VV

Scharf Investments LLC purchased a new stake in Vanguard Large-Cap ETF (NYSEARCA:VV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,768 shares of the company’s stock, valued at approximately $557,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Great Point Wealth Advisors LLC acquired a new stake in shares of Vanguard Large-Cap ETF in the 3rd quarter valued at approximately $2,189,000. Acropolis Investment Management LLC increased its stake 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 in the last quarter. Chicago Capital LLC acquired a new stake in Vanguard Large-Cap ETF in the third quarter worth $1,642,000. Daner Wealth Management LLC acquired a new stake in Vanguard Large-Cap ETF in the second quarter worth $12,906,000. Finally, Addis & Hill Inc boosted its position in shares of Vanguard Large-Cap ETF by 1.2% during the third quarter. Addis & Hill Inc now owns 208,652 shares of the company’s stock worth $64,482,000 after purchasing an additional 2,473 shares in the last quarter.

Vanguard Large-Cap ETF Trading Up 3.0%

Shares of Vanguard Large-Cap ETF stock opened at $298.85 on Wednesday. The stock’s fifty day simple moving average is $311.64 and its 200 day simple moving average is $312.17. The company has a market capitalization of $44.85 billion, a PE ratio of 24.59 and a beta of 1.01. Vanguard Large-Cap ETF has a 12 month low of $221.40 and a 12 month high of $321.51.

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.