Vanguard Large-Cap ETF (NYSEARCA:VV) Sets New 52-Week High – Here’s Why

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

Vanguard Large-Cap ETF Stock Up 0.9%

The stock has a market cap of $54.79 billion, a P/E ratio of 24.59 and a beta of 1.01. The firm’s 50 day simple moving average is $344.37 and its two-hundred day simple moving average is $328.80.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of VV. Ellenbecker Investment Group lifted its position in shares of Vanguard Large-Cap ETF by 0.5% during the 4th quarter. Ellenbecker Investment Group now owns 6,774 shares of the company’s stock worth $2,133,000 after buying an additional 32 shares in the last quarter. Colony Family Offices LLC boosted its stake in shares of Vanguard Large-Cap ETF by 11.7% in the 1st quarter. Colony Family Offices LLC now owns 306 shares of the company’s stock worth $91,000 after buying an additional 32 shares during the last quarter. Apollon Wealth Management LLC grew its holdings in shares of Vanguard Large-Cap ETF by 1.2% in the first quarter. Apollon Wealth Management LLC now owns 2,749 shares of the company’s stock valued at $822,000 after acquiring an additional 32 shares in the last quarter. Duncker Streett & Co. Inc. grew its holdings in shares of Vanguard Large-Cap ETF by 4.3% in the first quarter. Duncker Streett & Co. Inc. now owns 794 shares of the company’s stock valued at $237,000 after acquiring an additional 33 shares in the last quarter. Finally, Fortis Capital Management LLC increased its position in shares of Vanguard Large-Cap ETF by 0.9% during the fourth quarter. Fortis Capital Management LLC now owns 4,148 shares of the company’s stock valued at $1,306,000 after acquiring an additional 35 shares during the last quarter.

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.