Vanguard Large-Cap ETF (NYSEARCA:VV) Sets New 1-Year High – Here’s Why

Vanguard Large-Cap ETF (NYSEARCA:VV)’s share price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $350.88 and last traded at $350.87, with a volume of 12044 shares. The stock had previously closed at $348.88.

Vanguard Large-Cap ETF Price Performance

The business has a 50-day simple moving average of $343.68 and a two-hundred day simple moving average of $327.43. The stock has a market cap of $54.06 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01.

Hedge Funds Weigh In On Vanguard Large-Cap ETF

Large investors have recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new stake in shares of Vanguard Large-Cap ETF during the fourth quarter worth $25,000. Lazard Asset Management LLC bought a new position in shares of Vanguard Large-Cap ETF in the 3rd quarter valued at $29,000. Optima Capital LLC acquired a new position in Vanguard Large-Cap ETF during the fourth quarter worth about $30,000. Reicon Wealth Advisors LLC acquired a new position in Vanguard Large-Cap ETF during the 4th quarter worth approximately $32,000. Finally, Wiser Advisor Group LLC acquired a new position in Vanguard Large-Cap ETF in the 3rd quarter worth about $43,000.

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.