Briggs Wealth Management Inc Invests $658,000 in Vanguard Large-Cap ETF $VV

Briggs Wealth Management Inc purchased a new stake in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 2,090 shares of the company’s stock, valued at approximately $658,000. Vanguard Large-Cap ETF accounts for about 0.7% of Briggs Wealth Management Inc’s holdings, making the stock its 19th largest position.

A number of other institutional investors have also recently bought and sold shares of the business. International Assets Investment Management LLC acquired a new position in Vanguard Large-Cap ETF in the 4th quarter valued at approximately $25,000. Lazard Asset Management LLC purchased a new position in shares of Vanguard Large-Cap ETF during the 3rd quarter valued at $29,000. Optima Capital LLC purchased a new position in shares of Vanguard Large-Cap ETF during the 4th quarter valued at $30,000. Reicon Wealth Advisors LLC acquired a new position in shares of Vanguard Large-Cap ETF in the fourth quarter worth $32,000. Finally, Smartleaf Asset Management LLC increased its stake in shares of Vanguard Large-Cap ETF by 85.7% in the third quarter. Smartleaf Asset Management LLC now owns 130 shares of the company’s stock worth $40,000 after acquiring an additional 60 shares during the last quarter.

Vanguard Large-Cap ETF Trading Up 1.1%

Shares of NYSEARCA:VV opened at $345.00 on Friday. The firm has a market cap of $52.65 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. Vanguard Large-Cap ETF has a 1 year low of $273.93 and a 1 year high of $350.41. The business has a fifty day simple moving average of $335.51 and a 200 day simple moving average of $320.99.

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.