JMG Financial Group Ltd. Reduces Stock Position in Vanguard Large-Cap ETF (NYSEARCA:VV)

JMG Financial Group Ltd. lowered its position in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 0.7% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 171,114 shares of the company’s stock after selling 1,221 shares during the period. Vanguard Large-Cap ETF comprises about 1.6% of JMG Financial Group Ltd.’s investment portfolio, making the stock its 15th biggest holding. JMG Financial Group Ltd. owned approximately 0.12% of Vanguard Large-Cap ETF worth $42,713,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. Vermillion & White Wealth Management Group LLC purchased a new stake in shares of Vanguard Large-Cap ETF in the 4th quarter worth about $28,000. Allspring Global Investments Holdings LLC purchased a new position in Vanguard Large-Cap ETF during the 4th quarter valued at about $34,000. Red Tortoise LLC purchased a new position in Vanguard Large-Cap ETF during the 1st quarter valued at about $34,000. Bangor Savings Bank purchased a new position in Vanguard Large-Cap ETF during the 1st quarter valued at about $40,000. Finally, Pineridge Advisors LLC purchased a new position in Vanguard Large-Cap ETF during the 4th quarter valued at about $41,000.

Vanguard Large-Cap ETF Price Performance

NYSEARCA VV traded up $2.60 during trading hours on Friday, reaching $258.69. 148,669 shares of the company’s stock traded hands, compared to its average volume of 235,358. The firm has a 50-day simple moving average of $251.82 and a 200 day simple moving average of $242.69. The firm has a market cap of $37.19 billion, a PE ratio of 25.46 and a beta of 1.01. Vanguard Large-Cap ETF has a 52-week low of $187.49 and a 52-week high of $259.33.

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.