Factor Wealth Management LTD Trims Stock Position in Vanguard Large-Cap ETF $VV

Factor Wealth Management LTD lessened its stake in Vanguard Large-Cap ETF (NYSEARCA:VV) by 55.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,082 shares of the company’s stock after selling 2,559 shares during the period. Factor Wealth Management LTD’s holdings in Vanguard Large-Cap ETF were worth $622,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC purchased a new stake in shares of Vanguard Large-Cap ETF in the 4th quarter valued at about $25,000. Lazard Asset Management LLC acquired a new stake in shares of Vanguard Large-Cap ETF in the 3rd quarter valued at about $29,000. Optima Capital LLC purchased a new position in Vanguard Large-Cap ETF during the 4th quarter worth approximately $30,000. Reicon Wealth Advisors LLC purchased a new position in Vanguard Large-Cap ETF during the 4th quarter worth approximately $32,000. Finally, Wiser Advisor Group LLC acquired a new position in Vanguard Large-Cap ETF during the third quarter worth approximately $43,000.

Vanguard Large-Cap ETF Trading Down 0.1%

Shares of NYSEARCA VV opened at $338.40 on Thursday. Vanguard Large-Cap ETF has a twelve month low of $280.42 and a twelve month high of $350.41. The stock has a 50 day moving average of $337.82 and a two-hundred day moving average of $321.73. The stock has a market cap of $51.65 billion, a P/E 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.