Vanguard Large-Cap ETF (NYSEARCA:VV) Reaches New 12-Month High – What’s Next?

Vanguard Large-Cap ETF (NYSEARCA:VV)’s share price hit a new 52-week high on Wednesday . The stock traded as high as $321.90 and last traded at $321.90, with a volume of 181339 shares. The stock had previously closed at $319.22.

Vanguard Large-Cap ETF Trading Up 0.8%

The firm has a market capitalization of $49.09 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. The company has a fifty day moving average price of $309.51 and a two-hundred day moving average price of $312.28.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new stake in Vanguard Large-Cap ETF during the fourth quarter worth $25,000. Compass Financial Services Inc acquired a new stake in Vanguard Large-Cap ETF during the third quarter worth $26,000. Evolution Wealth Management Inc. acquired a new stake in Vanguard Large-Cap ETF during the second quarter worth $29,000. Lazard Asset Management LLC acquired a new stake in Vanguard Large-Cap ETF during the third quarter worth $29,000. Finally, Optima Capital LLC acquired a new stake in Vanguard Large-Cap ETF during the fourth quarter worth $30,000.

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. 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.