Vanguard Large-Cap ETF (NYSEARCA:VV) Reaches New 12-Month High – What’s Next?

Vanguard Large-Cap ETF (NYSEARCA:VV) shares hit a new 52-week high during trading on Tuesday . The company traded as high as $340.40 and last traded at $339.72, with a volume of 237236 shares traded. The stock had previously closed at $339.05.

Vanguard Large-Cap ETF Stock Up 0.2%

The stock has a 50 day simple moving average of $314.24 and a 200 day simple moving average of $314.83. The company has a market cap of $51.85 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VV. Johnson Financial Group LLC lifted its stake in shares of Vanguard Large-Cap ETF by 56.6% in the fourth quarter. Johnson Financial Group LLC now owns 2,511,871 shares of the company’s stock worth $790,737,000 after acquiring an additional 908,240 shares in the last quarter. Vantagepoint Investment Advisers LLC acquired a new position in shares of Vanguard Large-Cap ETF in the third quarter worth about $200,664,000. Jones Financial Companies Lllp lifted its stake in shares of Vanguard Large-Cap ETF by 3.2% in the third quarter. Jones Financial Companies Lllp now owns 17,324,351 shares of the company’s stock worth $5,314,430,000 after acquiring an additional 536,162 shares in the last quarter. Wealthquest Corp lifted its stake in shares of Vanguard Large-Cap ETF by 64.3% in the third quarter. Wealthquest Corp now owns 1,180,780 shares of the company’s stock worth $363,515,000 after acquiring an additional 462,228 shares in the last quarter. Finally, Henson Edgewater Management LLC acquired a new position in shares of Vanguard Large-Cap ETF in the fourth quarter worth about $65,385,000.

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.