Raymond James Financial Inc. Makes New Investment in Vanguard Large-Cap ETF (NYSEARCA:VV)

Raymond James Financial Inc. acquired a new position in Vanguard Large-Cap ETF (NYSEARCA:VV) during the 4th quarter, HoldingsChannel reports. The fund acquired 704,212 shares of the company’s stock, valued at approximately $189,926,000.

Several other hedge funds have also added to or reduced their stakes in VV. Concurrent Investment Advisors LLC raised its position in Vanguard Large-Cap ETF by 55.4% in the third quarter. Concurrent Investment Advisors LLC now owns 1,639 shares of the company’s stock worth $431,000 after acquiring an additional 584 shares during the period. Summit Global Investments bought a new stake in shares of Vanguard Large-Cap ETF in the third quarter valued at approximately $270,000. Leavell Investment Management Inc. raised its position in shares of Vanguard Large-Cap ETF by 0.3% in the third quarter. Leavell Investment Management Inc. now owns 107,463 shares of the company’s stock valued at $28,380,000 after purchasing an additional 292 shares during the period. Beckerman Institutional LLC bought a new stake in shares of Vanguard Large-Cap ETF in the third quarter valued at approximately $515,000. Finally, CWA Asset Management Group LLC bought a new stake in shares of Vanguard Large-Cap ETF in the third quarter valued at approximately $1,201,000.

Vanguard Large-Cap ETF Stock Up 0.5 %

NYSEARCA VV opened at $264.89 on Friday. The company’s 50 day moving average is $274.82 and its 200-day moving average is $269.56. 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 cap of $68.30 billion, a P/E ratio of 27.01 and a beta of 1.02.

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.