Ledyard National Bank Decreases Stock Holdings in Vanguard Large-Cap ETF $VV

Ledyard National Bank reduced its stake in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 4.5% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 36,279 shares of the company’s stock after selling 1,718 shares during the quarter. Vanguard Large-Cap ETF comprises 1.0% of Ledyard National Bank’s portfolio, making the stock its 27th biggest holding. Ledyard National Bank’s holdings in Vanguard Large-Cap ETF were worth $11,169,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Compass Financial Services Inc purchased a new position in Vanguard Large-Cap ETF in the 3rd quarter valued at approximately $26,000. Evolution Wealth Management Inc. acquired a new stake in Vanguard Large-Cap ETF in the second quarter valued at $29,000. Twin Peaks Wealth Advisors LLC purchased a new position in shares of Vanguard Large-Cap ETF in the second quarter valued at $30,000. Tripletail Wealth Management LLC purchased a new position in shares of Vanguard Large-Cap ETF in the third quarter valued at $31,000. Finally, Steigerwald Gordon & Koch Inc. acquired a new position in shares of Vanguard Large-Cap ETF during the 3rd quarter worth $36,000.

Vanguard Large-Cap ETF Trading Up 2.0%

NYSEARCA:VV opened at $317.61 on Friday. The company has a market capitalization of $47.66 billion, a P/E ratio of 24.59 and a beta of 1.01. The firm has a 50-day moving average price of $316.88 and a two-hundred day moving average price of $308.45. Vanguard Large-Cap ETF has a twelve month low of $221.40 and a twelve month high of $321.51.

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.