Arax Advisory Partners Makes New Investment in Vanguard Large-Cap ETF $VV

Arax Advisory Partners bought a new position in Vanguard Large-Cap ETF (NYSEARCA:VV) in the fourth quarter, HoldingsChannel.com reports. The fund bought 4,304 shares of the company’s stock, valued at approximately $1,355,000.

A number of other institutional investors also recently modified their holdings of VV. Vanguard Group Inc. increased its position in shares of Vanguard Large-Cap ETF by 5.0% during the fourth quarter. Vanguard Group Inc. now owns 3,862,217 shares of the company’s stock worth $1,215,826,000 after acquiring an additional 182,325 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Vanguard Large-Cap ETF by 0.6% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 2,761,156 shares of the company’s stock worth $869,212,000 after acquiring an additional 15,832 shares in the last quarter. Johnson Financial Group LLC increased its position in shares of Vanguard Large-Cap ETF by 56.6% during the fourth quarter. Johnson Financial Group LLC now owns 2,511,871 shares of the company’s stock worth $790,737,000 after acquiring an additional 908,240 shares in the last quarter. Moneta Group Investment Advisors LLC increased its position in shares of Vanguard Large-Cap ETF by 0.8% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 1,314,815 shares of the company’s stock worth $413,904,000 after acquiring an additional 10,487 shares in the last quarter. Finally, TIAA Trust National Association increased its position in shares of Vanguard Large-Cap ETF by 0.3% during the third quarter. TIAA Trust National Association now owns 1,126,221 shares of the company’s stock worth $346,718,000 after acquiring an additional 3,182 shares in the last quarter.

Vanguard Large-Cap ETF Stock Up 1.8%

Shares of VV stock opened at $347.46 on Tuesday. The firm has a fifty day moving average of $333.01 and a 200-day moving average of $320.37. Vanguard Large-Cap ETF has a 12-month low of $273.93 and a 12-month high of $350.41. The company has a market capitalization of $53.03 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01.

Vanguard Large-Cap ETF Company 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.