Fairway Wealth LLC Cuts Stake in Vanguard Large-Cap ETF $VV

Fairway Wealth LLC reduced its stake in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 7.3% in the second quarter, HoldingsChannel reports. The institutional investor owned 24,224 shares of the company’s stock after selling 1,911 shares during the period. Vanguard Large-Cap ETF makes up about 1.6% of Fairway Wealth LLC’s holdings, making the stock its 18th largest holding. Fairway Wealth LLC’s holdings in Vanguard Large-Cap ETF were worth $6,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. WBH Advisory Inc. grew its holdings in Vanguard Large-Cap ETF by 369.3% during the 2nd quarter. WBH Advisory Inc. now owns 7,434 shares of the company’s stock valued at $2,121,000 after buying an additional 5,850 shares in the last quarter. Stephens Inc. AR grew its holdings in Vanguard Large-Cap ETF by 3.7% during the 2nd quarter. Stephens Inc. AR now owns 2,298 shares of the company’s stock valued at $656,000 after buying an additional 81 shares in the last quarter. Alaska Wealth Advisors purchased a new stake in Vanguard Large-Cap ETF during the 2nd quarter valued at approximately $306,000. Balboa Wealth Partners purchased a new stake in Vanguard Large-Cap ETF during the 2nd quarter valued at approximately $838,000. Finally, Forvis Mazars Wealth Advisors LLC grew its holdings in Vanguard Large-Cap ETF by 1.8% during the 2nd quarter. Forvis Mazars Wealth Advisors LLC now owns 5,470 shares of the company’s stock valued at $1,561,000 after buying an additional 98 shares in the last quarter.

Vanguard Large-Cap ETF Price Performance

Shares of VV opened at $307.00 on Monday. Vanguard Large-Cap ETF has a 1 year low of $221.40 and a 1 year high of $311.66. The company has a 50 day simple moving average of $302.63 and a two-hundred day simple moving average of $282.34. The firm has a market cap of $46.11 billion, a P/E ratio of 24.59 and a beta of 1.01.

Vanguard Large-Cap ETF Company 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.