NewEdge Wealth LLC Lowers Stake in Vanguard Large-Cap ETF $VV

NewEdge Wealth LLC trimmed its position in Vanguard Large-Cap ETF (NYSEARCA:VV) by 2.1% during the third quarter, HoldingsChannel.com reports. The firm owned 81,464 shares of the company’s stock after selling 1,768 shares during the quarter. NewEdge Wealth LLC’s holdings in Vanguard Large-Cap ETF were worth $25,505,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of the company. Tradewinds Capital Management LLC raised its stake in shares of Vanguard Large-Cap ETF by 3.8% in the 3rd quarter. Tradewinds Capital Management LLC now owns 935 shares of the company’s stock valued at $288,000 after acquiring an additional 34 shares during the period. Gladstone Institutional Advisory LLC lifted its position in shares of Vanguard Large-Cap ETF by 1.6% during the third quarter. Gladstone Institutional Advisory LLC now owns 2,148 shares of the company’s stock worth $661,000 after purchasing an additional 34 shares during the last quarter. Slow Capital Inc. grew its position in shares of Vanguard Large-Cap ETF by 1.2% in the 3rd quarter. Slow Capital Inc. now owns 3,343 shares of the company’s stock worth $1,030,000 after acquiring an additional 39 shares in the last quarter. Interchange Capital Partners LLC raised its position in shares of Vanguard Large-Cap ETF by 1.2% during the 2nd quarter. Interchange Capital Partners LLC now owns 3,429 shares of the company’s stock valued at $978,000 after acquiring an additional 41 shares in the last quarter. Finally, Kovack Advisors Inc. lifted its stake in Vanguard Large-Cap ETF by 2.3% during the second quarter. Kovack Advisors Inc. now owns 1,870 shares of the company’s stock worth $534,000 after purchasing an additional 42 shares during the last quarter.

Vanguard Large-Cap ETF Price Performance

NYSEARCA:VV opened at $315.35 on Thursday. Vanguard Large-Cap ETF has a 12-month low of $221.40 and a 12-month high of $321.51. The business has a 50 day simple moving average of $316.82 and a 200 day simple moving average of $309.87. The firm has a market capitalization of $47.32 billion, a P/E ratio of 24.59 and a beta of 1.01.

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.