Ballast Financial Advisors LLC Makes New $554,000 Investment in Vanguard Large-Cap ETF $VV

Ballast Financial Advisors LLC bought a new position in Vanguard Large-Cap ETF (NYSEARCA:VV) in the 4th quarter, HoldingsChannel.com reports. The fund bought 1,760 shares of the company’s stock, valued at approximately $554,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. AQR Capital Management LLC boosted its stake in Vanguard Large-Cap ETF by 19.3% in the fourth quarter. AQR Capital Management LLC now owns 123,117 shares of the company’s stock worth $38,757,000 after buying an additional 19,877 shares in the last quarter. Cetera Investment Advisers boosted its stake in Vanguard Large-Cap ETF by 2.4% in the fourth quarter. Cetera Investment Advisers now owns 394,304 shares of the company’s stock worth $124,127,000 after buying an additional 9,135 shares in the last quarter. Wealth Watch Advisors INC bought a new stake in Vanguard Large-Cap ETF in the fourth quarter valued at approximately $70,000. Laird Norton Wetherby Trust Company LLC bought a new stake in Vanguard Large-Cap ETF in the fourth quarter valued at approximately $18,306,000. Finally, Kovack Advisors Inc. lifted its position in Vanguard Large-Cap ETF by 6.4% in the fourth quarter. Kovack Advisors Inc. now owns 1,959 shares of the company’s stock valued at $617,000 after purchasing an additional 118 shares during the last quarter.

Vanguard Large-Cap ETF Stock Performance

Shares of VV stock opened at $341.37 on Thursday. Vanguard Large-Cap ETF has a fifty-two week low of $273.93 and a fifty-two week high of $350.41. The stock has a 50 day moving average price of $334.67 and a two-hundred day moving average price of $320.78. The company has a market capitalization of $52.10 billion, a P/E ratio of 24.59 and a beta of 1.01.

Vanguard Large-Cap ETF 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.