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

Vanguard Large-Cap ETF (NYSEARCA:VV) hit a new 52-week high during trading on Thursday . The stock traded as high as $281.28 and last traded at $281.28, with a volume of 212800 shares traded. The stock had previously closed at $279.63.

Vanguard Large-Cap ETF Trading Down 0.3 %

The stock has a market cap of $40.30 billion, a PE ratio of 25.46 and a beta of 1.01. The business has a fifty day simple moving average of $274.85 and a two-hundred day simple moving average of $264.19.

Hedge Funds Weigh In On Vanguard Large-Cap ETF

Several institutional investors and hedge funds have recently modified their holdings of the stock. CWA Asset Management Group LLC purchased a new position in shares of Vanguard Large-Cap ETF during the third quarter valued at approximately $1,201,000. JPMorgan Chase & Co. increased its holdings in Vanguard Large-Cap ETF by 4.7% in the 3rd quarter. JPMorgan Chase & Co. now owns 180,853 shares of the company’s stock worth $47,617,000 after acquiring an additional 8,067 shares in the last quarter. Hantz Financial Services Inc. purchased a new stake in shares of Vanguard Large-Cap ETF in the third quarter worth $56,000. Magnolia Capital Advisors LLC bought a new position in Vanguard Large-Cap ETF in the 2nd quarter worth $4,717,000. Finally, Moneywise Inc. grew its position in shares of Vanguard Large-Cap ETF by 72.0% during the third quarter. Moneywise Inc. now owns 40,868 shares of the company’s stock worth $10,760,000 after purchasing an additional 17,110 shares in 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.