Fountainhead AM LLC Raises Stock Position in Vanguard Large-Cap ETF (NYSEARCA:VV)

Fountainhead AM LLC grew its holdings in Vanguard Large-Cap ETF (NYSEARCA:VV) by 1.4% during the fourth quarter, HoldingsChannel.com reports. The fund owned 57,393 shares of the company’s stock after purchasing an additional 788 shares during the quarter. Vanguard Large-Cap ETF makes up about 3.4% of Fountainhead AM LLC’s portfolio, making the stock its 11th biggest holding. Fountainhead AM LLC’s holdings in Vanguard Large-Cap ETF were worth $12,520,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the business. IFP Advisors Inc grew its holdings in Vanguard Large-Cap ETF by 5.6% during the 3rd quarter. IFP Advisors Inc now owns 1,247 shares of the company’s stock valued at $244,000 after purchasing an additional 66 shares in the last quarter. Summit Global Investments acquired a new stake in Vanguard Large-Cap ETF during the 3rd quarter valued at $304,000. RFG Advisory LLC grew its holdings in Vanguard Large-Cap ETF by 6.5% during the 3rd quarter. RFG Advisory LLC now owns 1,208 shares of the company’s stock valued at $236,000 after purchasing an additional 74 shares in the last quarter. DAVENPORT & Co LLC grew its holdings in Vanguard Large-Cap ETF by 21.7% during the 3rd quarter. DAVENPORT & Co LLC now owns 3,665 shares of the company’s stock valued at $717,000 after purchasing an additional 654 shares in the last quarter. Finally, Cedar Brook Financial Partners LLC grew its holdings in Vanguard Large-Cap ETF by 2.2% during the 3rd quarter. Cedar Brook Financial Partners LLC now owns 7,031 shares of the company’s stock valued at $1,376,000 after purchasing an additional 149 shares in the last quarter.

Vanguard Large-Cap ETF Price Performance

VV traded up $2.74 during trading hours on Tuesday, reaching $232.07. 283,874 shares of the stock traded hands, compared to its average volume of 274,033. The company has a market cap of $33.36 billion, a price-to-earnings ratio of 25.94 and a beta of 1.01. Vanguard Large-Cap ETF has a fifty-two week low of $184.13 and a fifty-two week high of $241.38. The firm’s fifty day simple moving average is $234.77 and its two-hundred day simple moving average is $219.56.

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.