Downshift Financial LLC Decreases Stock Position in Vanguard Large-Cap ETF $VV

Downshift Financial LLC lowered its stake in Vanguard Large-Cap ETF (NYSEARCA:VV) by 6.8% in the 1st quarter, Holdings Channel reports. The firm owned 31,322 shares of the company’s stock after selling 2,280 shares during the quarter. Vanguard Large-Cap ETF accounts for approximately 5.0% of Downshift Financial LLC’s portfolio, making the stock its 7th largest position. Downshift Financial LLC’s holdings in Vanguard Large-Cap ETF were worth $10,222,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of VV. International Assets Investment Management LLC purchased a new position in Vanguard Large-Cap ETF during the fourth quarter worth about $25,000. Lazard Asset Management LLC purchased a new position in Vanguard Large-Cap ETF in the third quarter worth $29,000. Optima Capital LLC bought a new position in Vanguard Large-Cap ETF in the fourth quarter valued at $30,000. Reicon Wealth Advisors LLC purchased a new stake in Vanguard Large-Cap ETF during the fourth quarter valued at about $32,000. Finally, Wiser Advisor Group LLC bought a new stake in Vanguard Large-Cap ETF during the third quarter worth about $43,000.

Vanguard Large-Cap ETF Stock Performance

Shares of NYSEARCA VV opened at $346.07 on Tuesday. The stock has a market cap of $52.75 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. Vanguard Large-Cap ETF has a 1-year low of $285.17 and a 1-year high of $350.41. The stock’s 50-day moving average is $340.67 and its 200 day moving average is $323.20.

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.