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

Shares of Vanguard Large-Cap ETF (NYSEARCA:VV) reached a new 52-week high on Thursday . The stock traded as high as $357.94 and last traded at $357.94, with a volume of 33398 shares. The stock had previously closed at $355.97.

Vanguard Large-Cap ETF Price Performance

The stock has a market cap of $54.59 billion, a P/E ratio of 24.59 and a beta of 1.01. The stock’s 50-day moving average is $344.92 and its two-hundred day moving average is $329.29.

Institutional Trading of Vanguard Large-Cap ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Brighton Jones LLC raised its stake in shares of Vanguard Large-Cap ETF by 119.3% in the fourth quarter. Brighton Jones LLC now owns 40,037 shares of the company’s stock valued at $10,798,000 after acquiring an additional 21,781 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Vanguard Large-Cap ETF by 9.6% during the 4th quarter. Revolve Wealth Partners LLC now owns 1,138 shares of the company’s stock worth $307,000 after purchasing an additional 100 shares during the period. Russell Investments Group Ltd. boosted its stake in shares of Vanguard Large-Cap ETF by 494.1% during the 2nd quarter. Russell Investments Group Ltd. now owns 3,232 shares of the company’s stock worth $922,000 after purchasing an additional 2,688 shares during the period. Sei Investments Co. grew its holdings in Vanguard Large-Cap ETF by 10.6% during the 2nd quarter. Sei Investments Co. now owns 6,452 shares of the company’s stock valued at $1,841,000 after purchasing an additional 618 shares during the last quarter. Finally, Peapack Gladstone Financial Corp grew its holdings in Vanguard Large-Cap ETF by 8.7% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 9,188 shares of the company’s stock valued at $2,621,000 after purchasing an additional 737 shares during the last quarter.

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.