Modern Wealth Management LLC Has $24.67 Million Stock Position in Vanguard Large-Cap ETF $VV

Modern Wealth Management LLC reduced its stake in Vanguard Large-Cap ETF (NYSEARCA:VV) by 6.6% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 81,967 shares of the company’s stock after selling 5,748 shares during the period. Modern Wealth Management LLC owned approximately 0.05% of Vanguard Large-Cap ETF worth $24,672,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of VV. Atmos Advisory LLC grew its position in Vanguard Large-Cap ETF by 5.1% in the fourth quarter. Atmos Advisory LLC now owns 64,291 shares of the company’s stock worth $20,239,000 after buying an additional 3,118 shares during the last quarter. Farther Finance Advisors LLC lifted its position in shares of Vanguard Large-Cap ETF by 58.6% during the 4th quarter. Farther Finance Advisors LLC now owns 39,839 shares of the company’s stock valued at $12,541,000 after acquiring an additional 14,718 shares during the last quarter. Elevation Capital Advisory LLC acquired a new stake in shares of Vanguard Large-Cap ETF during the 4th quarter valued at $4,498,000. Leo Wealth LLC boosted its stake in shares of Vanguard Large-Cap ETF by 358.0% during the 4th quarter. Leo Wealth LLC now owns 6,989 shares of the company’s stock worth $2,200,000 after acquiring an additional 5,463 shares in the last quarter. Finally, Vanguard Group Inc. boosted its stake in shares of Vanguard Large-Cap ETF by 5.0% during the 4th quarter. Vanguard Group Inc. now owns 3,862,217 shares of the company’s stock worth $1,215,826,000 after acquiring an additional 182,325 shares in the last quarter.

Vanguard Large-Cap ETF Stock Down 1.2%

Shares of NYSEARCA VV opened at $339.68 on Friday. The stock’s fifty day simple moving average is $343.21 and its 200 day simple moving average is $325.82. The stock has a market capitalization of $51.84 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. Vanguard Large-Cap ETF has a 52-week low of $286.05 and a 52-week high of $350.41.

Vanguard Large-Cap ETF Company Profile

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.