Franklin Resources Inc. Sells 86,855 Shares of Vanguard Large-Cap ETF $VV

Franklin Resources Inc. lowered its position in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 97.1% in the second quarter, HoldingsChannel reports. The fund owned 2,609 shares of the company’s stock after selling 86,855 shares during the period. Franklin Resources Inc.’s holdings in Vanguard Large-Cap ETF were worth $744,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Blueprint Investment Partners LLC bought a new stake in Vanguard Large-Cap ETF during the 2nd quarter worth about $16,511,000. Journey Strategic Wealth LLC bought a new position in shares of Vanguard Large-Cap ETF in the 2nd quarter valued at about $862,000. MAI Capital Management boosted its stake in shares of Vanguard Large-Cap ETF by 0.6% in the 2nd quarter. MAI Capital Management now owns 44,642 shares of the company’s stock valued at $12,736,000 after purchasing an additional 284 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of Vanguard Large-Cap ETF by 17.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 320,589 shares of the company’s stock worth $91,464,000 after buying an additional 46,556 shares during the period. Finally, Howe & Rusling Inc. raised its stake in shares of Vanguard Large-Cap ETF by 174.9% during the second quarter. Howe & Rusling Inc. now owns 844 shares of the company’s stock worth $241,000 after buying an additional 537 shares during the last quarter.

Vanguard Large-Cap ETF Price Performance

Shares of NYSEARCA VV opened at $316.71 on Monday. The company’s 50 day simple moving average is $310.95 and its 200 day simple moving average is $297.13. Vanguard Large-Cap ETF has a fifty-two week low of $221.40 and a fifty-two week high of $318.84. The firm has a market capitalization of $47.57 billion, a P/E ratio of 24.59 and a beta of 1.01.

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.