James Reed Financial Services Inc. Purchases Shares of 85,443 Vanguard Large-Cap ETF (NYSEARCA:VV)

James Reed Financial Services Inc. purchased a new stake in Vanguard Large-Cap ETF (NYSEARCA:VV) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 85,443 shares of the company’s stock, valued at approximately $23,044,000. Vanguard Large-Cap ETF makes up 24.0% of James Reed Financial Services Inc.’s portfolio, making the stock its 2nd biggest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in VV. US Bancorp DE boosted its position in Vanguard Large-Cap ETF by 7.3% in the 3rd quarter. US Bancorp DE now owns 31,503 shares of the company’s stock valued at $8,294,000 after buying an additional 2,132 shares during the period. Clear Creek Financial Management LLC purchased a new position in Vanguard Large-Cap ETF in the 3rd quarter valued at approximately $206,000. Forum Financial Management LP raised its holdings in shares of Vanguard Large-Cap ETF by 1.2% in the 3rd quarter. Forum Financial Management LP now owns 6,399 shares of the company’s stock valued at $1,685,000 after purchasing an additional 74 shares in the last quarter. Wheelhouse Advisory Group LLC raised its holdings in shares of Vanguard Large-Cap ETF by 2.8% in the 3rd quarter. Wheelhouse Advisory Group LLC now owns 53,103 shares of the company’s stock valued at $13,982,000 after purchasing an additional 1,448 shares in the last quarter. Finally, QRG Capital Management Inc. raised its holdings in shares of Vanguard Large-Cap ETF by 9.2% in the 3rd quarter. QRG Capital Management Inc. now owns 144,821 shares of the company’s stock valued at $38,130,000 after purchasing an additional 12,241 shares in the last quarter.

Vanguard Large-Cap ETF Trading Down 1.7 %

Shares of VV opened at $269.15 on Tuesday. Vanguard Large-Cap ETF has a twelve month low of $226.62 and a twelve month high of $282.88. The firm’s fifty day simple moving average is $275.67 and its 200-day simple moving average is $269.47. The firm has a market capitalization of $69.40 billion, a price-to-earnings ratio of 27.01 and a beta of 1.02.

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.