NewEdge Advisors LLC Sells 18,064 Shares of Vanguard Large-Cap ETF $VV

NewEdge Advisors LLC lowered its stake in Vanguard Large-Cap ETF (NYSEARCA:VV) by 18.5% during the 1st quarter, Holdings Channel reports. The institutional investor owned 79,745 shares of the company’s stock after selling 18,064 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard Large-Cap ETF were worth $23,832,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently made changes to their positions in VV. Elevation Capital Advisory LLC bought a new stake in shares of Vanguard Large-Cap ETF during the 4th quarter valued at $4,498,000. Farther Finance Advisors LLC boosted its holdings in Vanguard Large-Cap ETF by 58.6% in the 4th quarter. Farther Finance Advisors LLC now owns 39,839 shares of the company’s stock worth $12,541,000 after buying an additional 14,718 shares during the period. Vanguard Group Inc. boosted its holdings in Vanguard Large-Cap ETF by 5.0% in the 4th quarter. Vanguard Group Inc. now owns 3,862,217 shares of the company’s stock worth $1,215,826,000 after buying an additional 182,325 shares during the period. Tudor Investment Corp ET AL purchased a new stake in Vanguard Large-Cap ETF in the 3rd quarter worth $1,403,000. Finally, True North Advisors LLC purchased a new stake in Vanguard Large-Cap ETF in the 4th quarter worth $1,174,000.

Vanguard Large-Cap ETF Stock Up 0.6%

NYSEARCA:VV opened at $356.06 on Friday. The business’s 50-day simple moving average is $343.97 and its two-hundred day simple moving average is $327.87. The stock has a market cap of $54.33 billion, a PE ratio of 24.59 and a beta of 1.01. Vanguard Large-Cap ETF has a 52 week low of $289.11 and a 52 week high of $357.60.

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.