Redwood Family Wealth LLC Purchases New Shares in Vanguard Large-Cap ETF $VV

Redwood Family Wealth LLC acquired a new position in Vanguard Large-Cap ETF (NYSEARCA:VV) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 27,511 shares of the company’s stock, valued at approximately $8,661,000. Vanguard Large-Cap ETF accounts for about 8.5% of Redwood Family Wealth LLC’s portfolio, making the stock its largest holding.

A number of other large investors have also modified their holdings of VV. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Large-Cap ETF during the 4th quarter valued at about $25,000. Lazard Asset Management LLC purchased a new position in shares of Vanguard Large-Cap ETF in the 3rd quarter valued at about $29,000. Optima Capital LLC purchased a new position in shares of Vanguard Large-Cap ETF in the 4th quarter valued at about $30,000. Reicon Wealth Advisors LLC acquired a new position in Vanguard Large-Cap ETF in the 4th quarter worth about $32,000. Finally, Wiser Advisor Group LLC acquired a new position in Vanguard Large-Cap ETF in the 3rd quarter worth about $43,000.

Vanguard Large-Cap ETF Stock Performance

Shares of VV stock opened at $345.00 on Friday. The company has a market capitalization of $52.65 billion, a P/E ratio of 24.59 and a beta of 1.01. The business’s 50 day moving average is $336.20 and its two-hundred day moving average is $321.16. Vanguard Large-Cap ETF has a 12-month low of $273.93 and a 12-month high of $350.41.

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.