Covington Investment Advisors Inc. Makes New Investment in Vanguard Large-Cap ETF (NYSEARCA:VV)

Covington Investment Advisors Inc. bought a new stake in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund bought 776 shares of the company’s stock, valued at approximately $209,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Citigroup Inc. grew its holdings in Vanguard Large-Cap ETF by 0.9% during the third quarter. Citigroup Inc. now owns 15,874 shares of the company’s stock valued at $4,179,000 after purchasing an additional 149 shares during the period. Fisher Asset Management LLC bought a new position in shares of Vanguard Large-Cap ETF in the 3rd quarter worth $231,000. Private Trust Co. NA grew its position in Vanguard Large-Cap ETF by 289.6% in the third quarter. Private Trust Co. NA now owns 448 shares of the company’s stock worth $118,000 after acquiring an additional 333 shares in the last quarter. Bank of Montreal Can lifted its stake in Vanguard Large-Cap ETF by 1.8% during the third quarter. Bank of Montreal Can now owns 22,612 shares of the company’s stock worth $5,927,000 after purchasing an additional 410 shares during the last quarter. Finally, Townsquare Capital LLC boosted its stake in Vanguard Large-Cap ETF by 13.7% in the third quarter. Townsquare Capital LLC now owns 4,693 shares of the company’s stock worth $1,236,000 after buying an additional 564 shares in the last quarter.

Vanguard Large-Cap ETF Stock Down 0.6 %

Shares of NYSEARCA VV opened at $260.69 on Friday. Vanguard Large-Cap ETF has a 52 week low of $226.62 and a 52 week high of $282.88. The firm’s fifty day moving average is $271.75 and its 200 day moving average is $269.98. The company has a market cap of $67.01 billion, a price-to-earnings ratio of 24.88 and a beta of 1.03.

Vanguard Large-Cap ETF Increases Dividend

The business also recently declared a dividend, which will be paid on Monday, March 31st. Investors of record on Thursday, March 27th will be paid a $0.8888 dividend. This is an increase from Vanguard Large-Cap ETF’s previous dividend of $0.86. The ex-dividend date is Thursday, March 27th.

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.