James Reed Financial Services Inc. Invests $23.04 Million in Vanguard Large-Cap ETF (NYSEARCA:VV)

James Reed Financial Services Inc. purchased a new position in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 85,443 shares of the company’s stock, valued at approximately $23,044,000. Vanguard Large-Cap ETF comprises about 24.0% of James Reed Financial Services Inc.’s holdings, making the stock its 2nd largest holding. James Reed Financial Services Inc. owned approximately 0.06% of Vanguard Large-Cap ETF as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in VV. Atlantic Edge Private Wealth Management LLC acquired a new stake in shares of Vanguard Large-Cap ETF during the 4th quarter worth approximately $25,000. Crews Bank & Trust acquired a new stake in shares of Vanguard Large-Cap ETF during the 4th quarter worth approximately $30,000. WestEnd Advisors LLC purchased a new position in shares of Vanguard Large-Cap ETF during the 4th quarter worth approximately $45,000. ORG Partners LLC purchased a new position in shares of Vanguard Large-Cap ETF during the 4th quarter worth approximately $54,000. Finally, Hantz Financial Services Inc. purchased a new position in shares of Vanguard Large-Cap ETF during the 3rd quarter worth approximately $56,000.

Vanguard Large-Cap ETF Stock Performance

NYSEARCA:VV opened at $269.15 on Tuesday. The stock has a market capitalization of $69.40 billion, a P/E ratio of 27.01 and a beta of 1.02. The company has a 50 day moving average price of $275.67 and a 200 day moving average price of $269.47. Vanguard Large-Cap ETF has a fifty-two week low of $226.62 and a fifty-two week high of $282.88.

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.