Independent Advisor Alliance Invests $814,000 in Vanguard Large-Cap ETF (NYSEARCA:VV)

Independent Advisor Alliance acquired a new position in Vanguard Large-Cap ETF (NYSEARCA:VV) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,017 shares of the company’s stock, valued at approximately $814,000.

Other hedge funds have also recently modified their holdings of the company. Abound Wealth Management boosted its holdings in Vanguard Large-Cap ETF by 0.3% in the fourth quarter. Abound Wealth Management now owns 13,649 shares of the company’s stock worth $3,681,000 after acquiring an additional 40 shares in the last quarter. Lake Street Advisors Group LLC increased its stake in Vanguard Large-Cap ETF by 0.4% during the 4th quarter. Lake Street Advisors Group LLC now owns 11,570 shares of the company’s stock valued at $3,120,000 after purchasing an additional 41 shares in the last quarter. Kathleen S. Wright Associates Inc. raised its holdings in Vanguard Large-Cap ETF by 5.4% in the fourth quarter. Kathleen S. Wright Associates Inc. now owns 855 shares of the company’s stock worth $230,000 after buying an additional 44 shares during the last quarter. City State Bank lifted its stake in shares of Vanguard Large-Cap ETF by 2.0% in the fourth quarter. City State Bank now owns 2,305 shares of the company’s stock worth $622,000 after buying an additional 45 shares in the last quarter. Finally, Union Savings Bank grew its holdings in shares of Vanguard Large-Cap ETF by 19.1% during the fourth quarter. Union Savings Bank now owns 293 shares of the company’s stock valued at $79,000 after buying an additional 47 shares during the last quarter.

Vanguard Large-Cap ETF Stock Up 2.2 %

Shares of NYSEARCA VV opened at $258.94 on Friday. The company has a 50 day moving average of $273.43 and a 200 day moving average of $269.64. Vanguard Large-Cap ETF has a twelve month low of $226.62 and a twelve month high of $282.88. The firm has a market cap of $66.56 billion, a P/E ratio of 24.88 and a beta of 1.03.

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.