Vanguard Large-Cap ETF (NYSEARCA:VV) Hits New 1-Year High – Here’s Why

Vanguard Large-Cap ETF (NYSEARCA:VV) hit a new 52-week high during trading on Thursday . The company traded as high as $329.55 and last traded at $329.51, with a volume of 160983 shares. The stock had previously closed at $327.13.

Vanguard Large-Cap ETF Trading Up 1.0%

The stock has a market capitalization of $50.42 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. The stock has a 50-day simple moving average of $311.83 and a 200 day simple moving average of $313.59.

Institutional Investors Weigh In On Vanguard Large-Cap ETF

A number of institutional investors have recently modified their holdings of the stock. Kestra Advisory Services LLC boosted its stake in shares of Vanguard Large-Cap ETF by 11.1% during the 1st quarter. Kestra Advisory Services LLC now owns 47,955 shares of the company’s stock valued at $14,331,000 after buying an additional 4,785 shares during the period. Capital Planning LLC boosted its stake in shares of Vanguard Large-Cap ETF by 11.3% during the 1st quarter. Capital Planning LLC now owns 40,713 shares of the company’s stock valued at $12,167,000 after buying an additional 4,126 shares during the period. Efficient Advisors LLC boosted its stake in shares of Vanguard Large-Cap ETF by 4.3% during the 1st quarter. Efficient Advisors LLC now owns 1,884 shares of the company’s stock valued at $563,000 after buying an additional 77 shares during the period. Stenger Family Office LLC acquired a new stake in shares of Vanguard Large-Cap ETF during the 1st quarter valued at $537,000. Finally, Duncker Streett & Co. Inc. boosted its stake in shares of Vanguard Large-Cap ETF by 4.3% during the 1st quarter. Duncker Streett & Co. Inc. now owns 794 shares of the company’s stock valued at $237,000 after buying an additional 33 shares during the period.

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.