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

Vanguard Large-Cap ETF (NYSEARCA:VV)’s share price reached a new 52-week low on Monday . The stock traded as low as $221.41 and last traded at $222.00, with a volume of 157137 shares. The stock had previously closed at $232.08.

Vanguard Large-Cap ETF Price Performance

The company has a market cap of $59.54 billion, a price-to-earnings ratio of 24.75 and a beta of 1.03. The company’s 50-day simple moving average is $268.55 and its 200-day simple moving average is $270.01.

Vanguard Large-Cap ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Monday, March 31st. Investors of record on Thursday, March 27th were paid a dividend of $0.8888 per share. The ex-dividend date of this dividend was Thursday, March 27th. This is a positive change from Vanguard Large-Cap ETF’s previous dividend of $0.86.

Hedge Funds Weigh In On Vanguard Large-Cap ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in shares of 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 during the period. Allodium Investment Consultants LLC acquired a new position in Vanguard Large-Cap ETF during the 4th quarter valued at about $401,000. IFP Advisors Inc boosted its stake in Vanguard Large-Cap ETF by 700.0% in the fourth quarter. IFP Advisors Inc now owns 440 shares of the company’s stock valued at $119,000 after acquiring an additional 385 shares during the last quarter. Partners in Financial Planning bought a new stake in Vanguard Large-Cap ETF in the fourth quarter valued at about $2,387,000. Finally, B. Riley Wealth Advisors Inc. boosted its stake in Vanguard Large-Cap ETF by 8.2% during the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 10,043 shares of the company’s stock worth $2,635,000 after acquiring an additional 763 shares during 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.