Fairway Wealth LLC Acquires 7,942 Shares of Vanguard Large-Cap ETF $VV

Fairway Wealth LLC increased its holdings in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 42.3% in the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 26,708 shares of the company’s stock after purchasing an additional 7,942 shares during the quarter. Vanguard Large-Cap ETF accounts for 1.9% of Fairway Wealth LLC’s holdings, making the stock its 17th biggest position. Fairway Wealth LLC’s holdings in Vanguard Large-Cap ETF were worth $7,982,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. 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 holdings in Vanguard Large-Cap ETF by 0.6% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 2,761,156 shares of the company’s stock worth $869,212,000 after purchasing an additional 15,832 shares in the last quarter. Johnson Financial Group LLC raised its stake in shares of Vanguard Large-Cap ETF by 56.6% in the 4th quarter. Johnson Financial Group LLC now owns 2,511,871 shares of the company’s stock valued at $790,737,000 after purchasing an additional 908,240 shares during the period. Moneta Group Investment Advisors LLC lifted its holdings in shares of Vanguard Large-Cap ETF by 0.8% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 1,314,815 shares of the company’s stock valued at $413,904,000 after purchasing an additional 10,487 shares in the last quarter. Finally, Capital Asset Advisory Services LLC boosted its position in shares of Vanguard Large-Cap ETF by 5.0% during the fourth quarter. Capital Asset Advisory Services LLC now owns 1,101,330 shares of the company’s stock worth $351,600,000 after buying an additional 52,084 shares during the period.

Vanguard Large-Cap ETF Stock Performance

NYSEARCA:VV opened at $341.21 on Tuesday. The stock has a 50-day simple moving average of $338.87 and a 200 day simple moving average of $322.21. Vanguard Large-Cap ETF has a 52-week low of $283.95 and a 52-week high of $350.41. The company has a market cap of $52.08 billion, a PE ratio of 24.59 and a beta of 1.01.

Vanguard Large-Cap ETF 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.