Bank of New York Mellon Corp Sells 5,950 Shares of Vanguard Large-Cap ETF $VV

Bank of New York Mellon Corp cut its stake in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 13.0% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 39,899 shares of the company’s stock after selling 5,950 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Large-Cap ETF were worth $11,924,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. International Assets Investment Management LLC bought a new position in Vanguard Large-Cap ETF during the fourth quarter worth about $25,000. Lazard Asset Management LLC acquired a new position in shares of Vanguard Large-Cap ETF during the 3rd quarter worth about $29,000. Optima Capital LLC bought a new stake in shares of Vanguard Large-Cap ETF in the 4th quarter valued at about $30,000. Reicon Wealth Advisors LLC bought a new stake in shares of Vanguard Large-Cap ETF in the 4th quarter valued at about $32,000. Finally, Wiser Advisor Group LLC acquired a new stake in shares of Vanguard Large-Cap ETF in the 3rd quarter valued at approximately $43,000.

Vanguard Large-Cap ETF Price Performance

Shares of NYSEARCA:VV opened at $343.60 on Friday. The firm’s 50 day simple moving average is $343.18 and its 200 day simple moving average is $326.67. Vanguard Large-Cap ETF has a fifty-two week low of $286.05 and a fifty-two week high of $350.41. The company has a market capitalization of $52.43 billion, a price-to-earnings 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. 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.