Downshift Financial LLC Trims Holdings in Vanguard Large-Cap ETF $VV

Downshift Financial LLC trimmed its position in Vanguard Large-Cap ETF (NYSEARCA:VV) by 6.8% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,322 shares of the company’s stock after selling 2,280 shares during the period. Vanguard Large-Cap ETF makes up approximately 5.0% of Downshift Financial LLC’s portfolio, making the stock its 7th biggest position. Downshift Financial LLC’s holdings in Vanguard Large-Cap ETF were worth $10,222,000 at the end of the most recent reporting period.

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

Vanguard Large-Cap ETF Price Performance

VV opened at $346.07 on Tuesday. The company has a market capitalization of $52.75 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. The firm has a 50-day moving average price of $340.67 and a 200-day moving average price of $323.20. Vanguard Large-Cap ETF has a twelve month low of $285.17 and a twelve month high of $350.41.

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.