Financial Management Professionals Inc. Raises Stock Holdings in Vanguard Large-Cap ETF (NYSEARCA:VV)

Financial Management Professionals Inc. lifted its holdings in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 1.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 60,205 shares of the company’s stock after purchasing an additional 937 shares during the quarter. Vanguard Large-Cap ETF accounts for approximately 2.1% of Financial Management Professionals Inc.’s portfolio, making the stock its 15th largest position. Financial Management Professionals Inc.’s holdings in Vanguard Large-Cap ETF were worth $14,435,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of VV. Axxcess Wealth Management LLC purchased a new position in shares of Vanguard Large-Cap ETF during the third quarter worth about $211,491,000. Pathstone Holdings LLC purchased a new stake in Vanguard Large-Cap ETF in the fourth quarter worth approximately $197,057,000. Creative Planning boosted its stake in Vanguard Large-Cap ETF by 2.5% in the third quarter. Creative Planning now owns 12,982,165 shares of the company’s stock worth $2,540,480,000 after buying an additional 319,165 shares in the last quarter. Trust Point Inc. bought a new stake in Vanguard Large-Cap ETF in the fourth quarter valued at approximately $54,050,000. Finally, Ameriprise Financial Inc. lifted its position in Vanguard Large-Cap ETF by 42.1% in the third quarter. Ameriprise Financial Inc. now owns 779,715 shares of the company’s stock valued at $152,591,000 after purchasing an additional 231,163 shares during the last quarter.

Vanguard Large-Cap ETF Stock Down 0.8 %

Shares of Vanguard Large-Cap ETF stock opened at $249.57 on Friday. The company has a market cap of $35.88 billion, a PE ratio of 25.46 and a beta of 1.01. The business has a 50 day moving average of $242.09 and a 200 day moving average of $232.88. Vanguard Large-Cap ETF has a 52 week low of $187.49 and a 52 week high of $252.53.

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.