Vanguard Large-Cap ETF (NYSEARCA:VV) Sets New 12-Month High – Should You Buy?

Vanguard Large-Cap ETF (NYSEARCA:VV) reached a new 52-week high during trading on Wednesday . The stock traded as high as $321.51 and last traded at $320.6950, with a volume of 53093 shares changing hands. The stock had previously closed at $320.55.

Vanguard Large-Cap ETF Stock Performance

The business has a fifty day moving average of $315.60 and a 200-day moving average of $307.12. The company has a market capitalization of $48.07 billion, a P/E ratio of 24.59 and a beta of 1.01.

Institutional Investors Weigh In On Vanguard Large-Cap ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Great Point Wealth Advisors LLC bought a new position in Vanguard Large-Cap ETF in the 3rd quarter valued at $2,189,000. Allworth Financial LP increased its holdings in shares of Vanguard Large-Cap ETF by 16.7% in the second quarter. Allworth Financial LP now owns 38,369 shares of the company’s stock worth $10,947,000 after purchasing an additional 5,478 shares during the period. Acropolis Investment Management LLC raised its position in shares of Vanguard Large-Cap ETF by 3.1% in the third quarter. Acropolis Investment Management LLC now owns 171,400 shares of the company’s stock worth $48,900,000 after buying an additional 5,212 shares in the last quarter. Chicago Capital LLC bought a new stake in Vanguard Large-Cap ETF during the third quarter valued at $1,642,000. Finally, Daner Wealth Management LLC bought a new stake in Vanguard Large-Cap ETF during the second quarter valued at $12,906,000.

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.