Fifth Third Bancorp Grows Stake in Vanguard Large-Cap ETF $VV

Fifth Third Bancorp raised its position in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 27.5% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 361,696 shares of the company’s stock after purchasing an additional 78,099 shares during the period. Fifth Third Bancorp owned about 0.24% of Vanguard Large-Cap ETF worth $108,093,000 as of its most recent filing with the Securities & Exchange Commission.

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

Vanguard Large-Cap ETF Price Performance

Shares of NYSEARCA:VV traded up $1.29 during trading hours on Friday, hitting $347.66. The company’s stock had a trading volume of 156,204 shares, compared to its average volume of 408,270. Vanguard Large-Cap ETF has a 52 week low of $285.41 and a 52 week high of $350.41. The company has a market capitalization of $53.05 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. The firm’s fifty day moving average price is $342.08 and its 200 day moving average price is $324.05.

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.