Vanguard Large-Cap ETF (NYSEARCA:VV) Hits New 12-Month High – Here’s Why

Vanguard Large-Cap ETF (NYSEARCA:VV)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $321.51 and last traded at $320.6950, with a volume of 53093 shares traded. The stock had previously closed at $320.55.

Vanguard Large-Cap ETF Stock Performance

The company has a market capitalization of $47.78 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. The business has a 50 day moving average price of $316.25 and a 200-day moving average price of $307.29.

Hedge Funds Weigh In On Vanguard Large-Cap ETF

Several institutional investors have recently made changes to their positions in the stock. Compass Financial Services Inc bought a new stake in shares of Vanguard Large-Cap ETF during the third quarter valued at approximately $26,000. Evolution Wealth Management Inc. bought a new stake in Vanguard Large-Cap ETF during the second quarter worth $29,000. Lazard Asset Management LLC bought a new stake in shares of Vanguard Large-Cap ETF during the 3rd quarter worth $29,000. Twin Peaks Wealth Advisors LLC bought a new stake in Vanguard Large-Cap ETF in the second quarter worth about $30,000. Finally, Optima Capital LLC bought a new stake in shares of Vanguard Large-Cap ETF in the 4th quarter worth approximately $30,000.

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.