Pinnacle Associates Ltd. Cuts Position in Vanguard Large-Cap ETF (NYSEARCA:VV)

Pinnacle Associates Ltd. lowered its position in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 0.1% in the second quarter, according to its most recent 13F filing with the SEC. The firm owned 73,659 shares of the company’s stock after selling 75 shares during the quarter. Pinnacle Associates Ltd.’s holdings in Vanguard Large-Cap ETF were worth $18,387,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Pathstone Holdings LLC purchased a new position in Vanguard Large-Cap ETF in the fourth quarter valued at about $197,057,000. TIAA Trust National Association grew its position in Vanguard Large-Cap ETF by 122.8% in the first quarter. TIAA Trust National Association now owns 1,069,270 shares of the company’s stock valued at $256,368,000 after acquiring an additional 589,319 shares in the last quarter. Simplicity Wealth LLC purchased a new stake in shares of Vanguard Large-Cap ETF during the first quarter valued at approximately $139,514,000. Mason & Associates LLC acquired a new position in shares of Vanguard Large-Cap ETF during the second quarter worth $103,422,000. Finally, Cetera Investment Advisers boosted its stake in shares of Vanguard Large-Cap ETF by 3,158.9% in the first quarter. Cetera Investment Advisers now owns 391,693 shares of the company’s stock valued at $93,912,000 after purchasing an additional 379,674 shares during the period.

Vanguard Large-Cap ETF Price Performance

VV traded up $2.60 during trading hours on Friday, reaching $258.69. 148,669 shares of the stock traded hands, compared to its average volume of 235,358. Vanguard Large-Cap ETF has a fifty-two week low of $187.49 and a fifty-two week high of $259.33. The company has a market cap of $37.19 billion, a price-to-earnings ratio of 25.46 and a beta of 1.01. The firm’s fifty day simple moving average is $251.82 and its two-hundred day simple moving average is $242.69.

About Vanguard Large-Cap ETF

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.