Founders Grove Wealth Partners LLC Grows Stock Holdings in Vanguard Large-Cap ETF $VV

Founders Grove Wealth Partners LLC grew its position in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 16.4% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 48,449 shares of the company’s stock after buying an additional 6,816 shares during the quarter. Vanguard Large-Cap ETF accounts for approximately 3.5% of Founders Grove Wealth Partners LLC’s investment portfolio, making the stock its 6th biggest holding. Founders Grove Wealth Partners LLC’s holdings in Vanguard Large-Cap ETF were worth $13,822,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of VV. Arlington Trust Co LLC bought a new stake in shares of Vanguard Large-Cap ETF during the 1st quarter worth $30,000. Tidemark LLC raised its position in Vanguard Large-Cap ETF by 111.3% in the first quarter. Tidemark LLC now owns 150 shares of the company’s stock worth $38,000 after acquiring an additional 79 shares during the period. Columbia River Financial Group LLC bought a new stake in Vanguard Large-Cap ETF in the first quarter worth about $42,000. Sound Income Strategies LLC raised its position in Vanguard Large-Cap ETF by 48.4% in the first quarter. Sound Income Strategies LLC now owns 233 shares of the company’s stock worth $60,000 after acquiring an additional 76 shares during the period. Finally, Howe & Rusling Inc. bought a new stake in shares of Vanguard Large-Cap ETF in the 1st quarter worth approximately $79,000.

Vanguard Large-Cap ETF Trading Up 1.6%

NYSEARCA:VV opened at $306.61 on Tuesday. The stock has a market capitalization of $46.06 billion, a PE ratio of 24.59 and a beta of 1.01. The firm’s 50 day moving average is $301.49 and its 200 day moving average is $280.91. Vanguard Large-Cap ETF has a 12 month low of $221.40 and a 12 month high of $311.66.

Vanguard Large-Cap ETF 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.