Bragg Financial Advisors Inc Reduces Position in Vanguard Large-Cap ETF (NYSEARCA:VV)

Bragg Financial Advisors Inc reduced its position in Vanguard Large-Cap ETF (NYSEARCA:VV) by 3.1% during the fourth quarter, HoldingsChannel.com reports. The firm owned 13,271 shares of the company’s stock after selling 426 shares during the period. Bragg Financial Advisors Inc’s holdings in Vanguard Large-Cap ETF were worth $3,579,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in shares of Vanguard Large-Cap ETF by 4.7% in the third quarter. JPMorgan Chase & Co. now owns 180,853 shares of the company’s stock worth $47,617,000 after purchasing an additional 8,067 shares during the last quarter. Allodium Investment Consultants LLC purchased a new stake in Vanguard Large-Cap ETF in the 4th quarter valued at about $401,000. IFP Advisors Inc grew its stake in Vanguard Large-Cap ETF by 700.0% in the 4th quarter. IFP Advisors Inc now owns 440 shares of the company’s stock worth $119,000 after acquiring an additional 385 shares in the last quarter. Partners in Financial Planning purchased a new position in shares of Vanguard Large-Cap ETF during the fourth quarter worth approximately $2,387,000. Finally, B. Riley Wealth Advisors Inc. raised its stake in shares of Vanguard Large-Cap ETF by 8.2% during the third quarter. B. Riley Wealth Advisors Inc. now owns 10,043 shares of the company’s stock valued at $2,635,000 after acquiring an additional 763 shares in the last quarter.

Vanguard Large-Cap ETF Stock Performance

Shares of NYSEARCA VV opened at $245.46 on Monday. Vanguard Large-Cap ETF has a 52-week low of $221.41 and a 52-week high of $282.88. The firm has a market capitalization of $63.10 billion, a price-to-earnings ratio of 24.75 and a beta of 1.03. The stock has a 50 day moving average price of $263.20 and a 200 day moving average price of $268.83.

Vanguard Large-Cap ETF Increases Dividend

The company also recently announced a dividend, which was paid on Monday, March 31st. Shareholders of record on Thursday, March 27th were issued a $0.8888 dividend. This is a boost from Vanguard Large-Cap ETF’s previous dividend of $0.86. The ex-dividend date of this dividend was Thursday, March 27th.

Vanguard Large-Cap ETF 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.