Vanguard Large-Cap ETF (NYSEARCA:VV) Sets New 1-Year High – What’s Next?

Shares of Vanguard Large-Cap ETF (NYSEARCA:VV) reached a new 52-week high on Thursday . The stock traded as high as $357.94 and last traded at $357.94, with a volume of 33398 shares traded. The stock had previously closed at $355.97.

Vanguard Large-Cap ETF Trading Up 0.9%

The stock has a market capitalization of $54.79 billion, a PE ratio of 24.59 and a beta of 1.01. The firm has a 50-day moving average price of $344.37 and a 200-day moving average price of $328.80.

Hedge Funds Weigh In On Vanguard Large-Cap ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Johnson Financial Group LLC lifted its stake in shares of Vanguard Large-Cap ETF by 56.6% during the 4th quarter. Johnson Financial Group LLC now owns 2,511,871 shares of the company’s stock valued at $790,737,000 after buying an additional 908,240 shares in the last quarter. Henson Edgewater Management LLC purchased a new position in Vanguard Large-Cap ETF in the 4th quarter valued at approximately $65,385,000. AlphaCore Capital LLC grew its stake in Vanguard Large-Cap ETF by 364.9% in the 4th quarter. AlphaCore Capital LLC now owns 249,888 shares of the company’s stock valued at $78,665,000 after buying an additional 196,140 shares in the last quarter. Vanguard Group Inc. grew its stake in Vanguard Large-Cap ETF by 5.0% in the 4th quarter. Vanguard Group Inc. now owns 3,862,217 shares of the company’s stock valued at $1,215,826,000 after buying an additional 182,325 shares in the last quarter. Finally, Lido Advisors LLC raised its holdings in Vanguard Large-Cap ETF by 616.4% during the 4th quarter. Lido Advisors LLC now owns 190,217 shares of the company’s stock valued at $59,741,000 after acquiring an additional 163,667 shares during the period.

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.