Vanguard Large-Cap ETF (NYSEARCA:VV) Hits New 1-Year High – Should You Buy?

Vanguard Large-Cap ETF (NYSEARCA:VV) shares hit a new 52-week high during mid-day trading on Monday . The company traded as high as $276.49 and last traded at $276.49, with a volume of 26297 shares traded. The stock had previously closed at $274.27.

Vanguard Large-Cap ETF Price Performance

The firm has a market capitalization of $39.46 billion, a P/E ratio of 25.46 and a beta of 1.01. The firm has a 50-day moving average price of $266.15 and a two-hundred day moving average price of $255.32.

Institutional Investors Weigh In On Vanguard Large-Cap ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Evermay Wealth Management LLC acquired a new stake in shares of Vanguard Large-Cap ETF during the 2nd quarter worth approximately $31,000. Northwest Investment Counselors LLC purchased a new position in Vanguard Large-Cap ETF during the third quarter worth approximately $40,000. GAMMA Investing LLC acquired a new stake in Vanguard Large-Cap ETF in the second quarter valued at approximately $51,000. Union Savings Bank increased its position in shares of Vanguard Large-Cap ETF by 38.7% in the second quarter. Union Savings Bank now owns 215 shares of the company’s stock valued at $54,000 after buying an additional 60 shares in the last quarter. Finally, Rice Partnership LLC acquired a new position in shares of Vanguard Large-Cap ETF during the 2nd quarter worth approximately $56,000.

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.