Financial Management Professionals Inc. Trims Position in Vanguard Large-Cap ETF (NYSEARCA:VV)

Financial Management Professionals Inc. decreased its position in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 0.6% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 61,353 shares of the company’s stock after selling 396 shares during the quarter. Vanguard Large-Cap ETF comprises 2.1% of Financial Management Professionals Inc.’s holdings, making the stock its 17th biggest position. Financial Management Professionals Inc.’s holdings in Vanguard Large-Cap ETF were worth $16,547,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Creative Planning increased its position in Vanguard Large-Cap ETF by 1.0% during the second quarter. Creative Planning now owns 12,959,229 shares of the company’s stock worth $3,234,883,000 after purchasing an additional 128,121 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in Vanguard Large-Cap ETF by 65.8% during the third quarter. Charles Schwab Investment Management Inc. now owns 2,895,551 shares of the company’s stock worth $762,370,000 after purchasing an additional 1,149,356 shares during the last quarter. Johnson Financial Group LLC increased its position in Vanguard Large-Cap ETF by 2.0% during the third quarter. Johnson Financial Group LLC now owns 1,449,565 shares of the company’s stock worth $381,656,000 after purchasing an additional 28,328 shares during the last quarter. Balentine LLC increased its position in Vanguard Large-Cap ETF by 18.7% during the third quarter. Balentine LLC now owns 1,229,413 shares of the company’s stock worth $323,692,000 after purchasing an additional 193,596 shares during the last quarter. Finally, Wealthquest Corp increased its position in Vanguard Large-Cap ETF by 959.3% during the third quarter. Wealthquest Corp now owns 713,607 shares of the company’s stock worth $186,216,000 after purchasing an additional 646,240 shares during the last quarter.

Vanguard Large-Cap ETF Stock Performance

Shares of VV stock opened at $275.31 on Friday. Vanguard Large-Cap ETF has a one year low of $217.17 and a one year high of $280.79. The company has a 50 day moving average price of $274.31 and a 200 day moving average price of $263.39. The firm has a market capitalization of $39.58 billion, a price-to-earnings ratio of 25.46 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.