Vanguard Large-Cap ETF (NYSEARCA:VV) is Axxcess Wealth Management LLC’s Largest Position

Axxcess Wealth Management LLC cut its holdings in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 1.1% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 1,094,649 shares of the company’s stock after selling 12,343 shares during the quarter. Vanguard Large-Cap ETF comprises about 7.1% of Axxcess Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Axxcess Wealth Management LLC’s holdings in Vanguard Large-Cap ETF were worth $288,210,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Magnolia Capital Advisors LLC purchased a new position in shares of Vanguard Large-Cap ETF during the 2nd quarter worth about $4,717,000. Retireful LLC purchased a new stake in Vanguard Large-Cap ETF in the second quarter valued at approximately $7,925,000. Moneywise Inc. increased its position in Vanguard Large-Cap ETF by 72.0% during the third quarter. Moneywise Inc. now owns 40,868 shares of the company’s stock worth $10,760,000 after purchasing an additional 17,110 shares during the last quarter. FC Advisory LLC raised its stake in Vanguard Large-Cap ETF by 8.5% during the third quarter. FC Advisory LLC now owns 16,435 shares of the company’s stock worth $4,327,000 after purchasing an additional 1,289 shares during the period. Finally, Blair William & Co. IL boosted its holdings in shares of Vanguard Large-Cap ETF by 3.6% in the 1st quarter. Blair William & Co. IL now owns 4,412 shares of the company’s stock valued at $1,058,000 after purchasing an additional 154 shares during the last quarter.

Vanguard Large-Cap ETF Stock Up 0.4 %

Shares of NYSEARCA VV opened at $275.00 on Friday. The stock has a market capitalization of $39.53 billion, a PE ratio of 25.46 and a beta of 1.01. The firm has a fifty day moving average of $262.29 and a 200-day moving average of $252.41. Vanguard Large-Cap ETF has a 52-week low of $198.76 and a 52-week high of $275.65.

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.