Vanguard Large-Cap ETF (NYSEARCA:VV) Hits New 1-Year High – Here’s Why

Vanguard Large-Cap ETF (NYSEARCA:VV) shares hit a new 52-week high during trading on Tuesday . The stock traded as high as $340.40 and last traded at $339.72, with a volume of 237236 shares traded. The stock had previously closed at $339.05.

Vanguard Large-Cap ETF Trading Up 0.6%

The stock has a market cap of $52.09 billion, a P/E ratio of 24.59 and a beta of 1.01. The firm’s fifty day moving average is $315.24 and its 200 day moving average is $315.26.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Jones Financial Companies Lllp increased its holdings in shares of Vanguard Large-Cap ETF by 3.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 17,324,351 shares of the company’s stock worth $5,314,430,000 after purchasing an additional 536,162 shares during the period. Vanguard Group Inc. increased its holdings 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 purchasing an additional 182,325 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vanguard Large-Cap ETF by 0.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,761,156 shares of the company’s stock worth $869,212,000 after purchasing an additional 15,832 shares during the period. Johnson Financial Group LLC increased its holdings 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 worth $790,737,000 after purchasing an additional 908,240 shares during the period. Finally, Moneta Group Investment Advisors LLC increased its holdings in shares of Vanguard Large-Cap ETF by 0.8% during the 4th quarter. Moneta Group Investment Advisors LLC now owns 1,314,815 shares of the company’s stock worth $413,904,000 after purchasing an additional 10,487 shares during the period.

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.