GeoWealth Management LLC Buys 48,479 Shares of Vanguard Large-Cap ETF $VV

GeoWealth Management LLC lifted its stake in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 11.5% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 470,837 shares of the company’s stock after purchasing an additional 48,479 shares during the period. Vanguard Large-Cap ETF comprises 5.2% of GeoWealth Management LLC’s investment portfolio, making the stock its 4th biggest position. GeoWealth Management LLC’s holdings in Vanguard Large-Cap ETF were worth $134,330,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of VV. Allworth Financial LP grew its holdings in Vanguard Large-Cap ETF by 16.7% in the 2nd quarter. Allworth Financial LP now owns 38,369 shares of the company’s stock valued at $10,947,000 after buying an additional 5,478 shares in the last quarter. Blueprint Financial Advisors LLC acquired a new position in shares of Vanguard Large-Cap ETF during the 2nd quarter valued at about $17,550,000. Bare Financial Services Inc acquired a new position in shares of Vanguard Large-Cap ETF during the 2nd quarter valued at about $96,000. Athena Investment Management grew its holdings in shares of Vanguard Large-Cap ETF by 3.8% in the second quarter. Athena Investment Management now owns 4,536 shares of the company’s stock valued at $1,294,000 after purchasing an additional 166 shares during the period. Finally, Beacon Pointe Advisors LLC increased its position in Vanguard Large-Cap ETF by 0.3% during the second quarter. Beacon Pointe Advisors LLC now owns 78,529 shares of the company’s stock worth $22,404,000 after purchasing an additional 271 shares during the last quarter.

Vanguard Large-Cap ETF Price Performance

Shares of VV stock opened at $316.16 on Friday. The company has a market capitalization of $47.49 billion, a PE ratio of 24.59 and a beta of 1.01. The firm’s 50-day moving average is $310.75 and its two-hundred day moving average is $296.48. Vanguard Large-Cap ETF has a 12 month low of $221.40 and a 12 month high of $318.84.

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.