Scharf Investments LLC Makes New Investment in Vanguard Large-Cap ETF $VV

Scharf Investments LLC purchased a new stake in Vanguard Large-Cap ETF (NYSEARCA:VV) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 1,768 shares of the company’s stock, valued at approximately $557,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Compass Financial Services Inc bought a new stake in shares of Vanguard Large-Cap ETF during the third quarter worth $26,000. Evolution Wealth Management Inc. acquired a new stake in shares of Vanguard Large-Cap ETF during the second quarter worth $29,000. Lazard Asset Management LLC bought a new stake in Vanguard Large-Cap ETF in the 3rd quarter valued at $29,000. Twin Peaks Wealth Advisors LLC acquired a new position in Vanguard Large-Cap ETF in the 2nd quarter worth $30,000. Finally, Tripletail Wealth Management LLC acquired a new position in Vanguard Large-Cap ETF in the 3rd quarter worth $31,000.

Vanguard Large-Cap ETF Trading Up 3.0%

VV stock opened at $298.85 on Wednesday. The stock has a 50-day moving average price of $311.64 and a two-hundred day moving average price of $312.17. Vanguard Large-Cap ETF has a 1 year low of $221.40 and a 1 year high of $321.51. The stock has a market cap of $44.85 billion, a PE 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.