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

Bank of New York Mellon Corp lessened its stake in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 4.7% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 90,594 shares of the company’s stock after selling 4,458 shares during the quarter. Bank of New York Mellon Corp owned about 0.06% of Vanguard Large-Cap ETF worth $24,433,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Synergy Financial Group LTD grew its holdings in shares of Vanguard Large-Cap ETF by 14.4% during the fourth quarter. Synergy Financial Group LTD now owns 3,387 shares of the company’s stock worth $913,000 after purchasing an additional 427 shares in the last quarter. Portland Financial Advisors Inc purchased a new position in shares of Vanguard Large-Cap ETF during the fourth quarter worth about $595,000. Edge Capital Group LLC purchased a new position in shares of Vanguard Large-Cap ETF during the fourth quarter worth about $294,000. IFP Advisors Inc grew its holdings in shares of Vanguard Large-Cap ETF by 700.0% during the fourth quarter. IFP Advisors Inc now owns 440 shares of the company’s stock worth $119,000 after purchasing an additional 385 shares in the last quarter. Finally, Capital Advisors Ltd. LLC grew its holdings in shares of Vanguard Large-Cap ETF by 0.4% during the fourth quarter. Capital Advisors Ltd. LLC now owns 49,387 shares of the company’s stock worth $13,320,000 after purchasing an additional 189 shares in the last quarter.

Vanguard Large-Cap ETF Trading Up 0.5 %

Shares of NYSEARCA VV opened at $264.89 on Monday. Vanguard Large-Cap ETF has a 12 month low of $226.62 and a 12 month high of $282.88. The firm has a market capitalization of $68.30 billion, a price-to-earnings ratio of 27.01 and a beta of 1.02. The business has a 50-day moving average of $274.82 and a 200-day moving average of $269.74.

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.