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 Thursday . The stock traded as high as $268.88 and last traded at $268.22, with a volume of 35340 shares. The stock had previously closed at $267.39.

Vanguard Large-Cap ETF Stock Performance

The company has a market cap of $38.58 billion, a PE ratio of 25.46 and a beta of 1.01. The company has a 50 day simple moving average of $258.60 and a two-hundred day simple moving average of $248.87.

Hedge Funds Weigh In On Vanguard Large-Cap ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. Evermay Wealth Management LLC bought a new position in Vanguard Large-Cap ETF during the second quarter valued at approximately $31,000. Red Tortoise LLC bought a new stake in Vanguard Large-Cap ETF in the first quarter worth $34,000. Bangor Savings Bank acquired a new position in Vanguard Large-Cap ETF during the first quarter worth $40,000. GAMMA Investing LLC bought a new position in Vanguard Large-Cap ETF during the second quarter valued at about $51,000. Finally, Union Savings Bank boosted its stake in shares of Vanguard Large-Cap ETF by 38.7% during the 2nd quarter. Union Savings Bank now owns 215 shares of the company’s stock worth $54,000 after acquiring an additional 60 shares in the last quarter.

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.