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

Vanguard Large-Cap ETF (NYSEARCA:VV) shares hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $345.29 and last traded at $344.99, with a volume of 41857 shares. The stock had previously closed at $343.05.

Vanguard Large-Cap ETF Price Performance

The company has a market cap of $52.60 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. The business’s 50-day simple moving average is $320.00 and its 200-day simple moving average is $316.72.

Hedge Funds Weigh In On Vanguard Large-Cap ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. International Assets Investment Management LLC acquired a new position in Vanguard Large-Cap ETF during the fourth quarter worth about $25,000. Compass Financial Services Inc acquired a new position in Vanguard Large-Cap ETF during the third quarter worth about $26,000. Lazard Asset Management LLC acquired a new position in Vanguard Large-Cap ETF during the third quarter worth about $29,000. Optima Capital LLC acquired a new position in Vanguard Large-Cap ETF during the fourth quarter worth about $30,000. Finally, Reicon Wealth Advisors LLC acquired a new position in shares of Vanguard Large-Cap ETF in the fourth quarter valued at approximately $32,000.

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. 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.