Bank of New York Mellon Corp Lowers Stake in Vanguard Large-Cap ETF (NYSEARCA:VV)

Bank of New York Mellon Corp lessened its holdings in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 31.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 62,400 shares of the company’s stock after selling 28,194 shares during the period. Bank of New York Mellon Corp’s holdings in Vanguard Large-Cap ETF were worth $16,039,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently made changes to their positions in VV. Dynamic Advisor Solutions LLC acquired a new stake in Vanguard Large-Cap ETF in the 1st quarter worth about $917,000. Ameriprise Financial Inc. grew its stake in shares of Vanguard Large-Cap ETF by 0.7% during the fourth quarter. Ameriprise Financial Inc. now owns 807,853 shares of the company’s stock worth $217,965,000 after purchasing an additional 5,812 shares in the last quarter. Clarity Capital Advisors LLC lifted its position in Vanguard Large-Cap ETF by 4.3% in the first quarter. Clarity Capital Advisors LLC now owns 2,524 shares of the company’s stock valued at $649,000 after acquiring an additional 105 shares during the last quarter. Partners in Financial Planning purchased a new stake in shares of Vanguard Large-Cap ETF in the fourth quarter valued at about $2,387,000. Finally, Journey Beyond Wealth LLC purchased a new position in Vanguard Large-Cap ETF during the fourth quarter worth about $938,000.

Vanguard Large-Cap ETF Price Performance

VV stock opened at $289.69 on Friday. Vanguard Large-Cap ETF has a 12 month low of $221.41 and a 12 month high of $290.71. The company’s 50 day simple moving average is $278.48 and its 200-day simple moving average is $268.81. The firm has a market capitalization of $43.17 billion, a PE ratio of 24.59 and a beta of 1.01.

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.