Sagespring Wealth Partners LLC Cuts Stock Position in Vanguard Large-Cap ETF $VV

Sagespring Wealth Partners LLC lessened its stake in Vanguard Large-Cap ETF (NYSEARCA:VV) by 15.6% during the 2nd quarter, Holdings Channel.com reports. The firm owned 5,615 shares of the company’s stock after selling 1,035 shares during the quarter. Sagespring Wealth Partners LLC’s holdings in Vanguard Large-Cap ETF were worth $1,602,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Jones Financial Companies Lllp grew its stake in shares of Vanguard Large-Cap ETF by 1.3% during the first quarter. Jones Financial Companies Lllp now owns 16,130,782 shares of the company’s stock worth $4,120,951,000 after acquiring an additional 213,730 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Vanguard Large-Cap ETF by 1.0% during the first quarter. Vanguard Group Inc. now owns 3,480,125 shares of the company’s stock worth $894,497,000 after acquiring an additional 34,057 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vanguard Large-Cap ETF by 2.0% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 2,663,528 shares of the company’s stock worth $684,607,000 after acquiring an additional 52,878 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Large-Cap ETF by 3.9% during the first quarter. Envestnet Asset Management Inc. now owns 1,351,483 shares of the company’s stock worth $347,372,000 after acquiring an additional 50,160 shares during the last quarter. Finally, TIAA Trust National Association grew its stake in shares of Vanguard Large-Cap ETF by 4.4% during the first quarter. TIAA Trust National Association now owns 1,075,495 shares of the company’s stock worth $276,434,000 after acquiring an additional 45,041 shares during the last quarter.

Vanguard Large-Cap ETF Stock Performance

Shares of VV stock opened at $306.24 on Wednesday. Vanguard Large-Cap ETF has a fifty-two week low of $221.40 and a fifty-two week high of $311.66. The firm has a market capitalization of $46.00 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. The stock’s 50-day simple moving average is $301.81 and its 200-day simple moving average is $281.09.

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.