B. Riley Wealth Advisors Inc. recently reduced its stake in Vanguard Large-Cap ETF by 16.8% in the fourth quarter, according to a disclosure with the Securities & Exchange Commission. The company owned 8,987 shares of the stock after selling 1,812 shares during the quarter, with holdings worth $1,961,000 at the end of the reporting period.
Other institutional investors have also made changes to their positions in the company. For example, Envestnet Portfolio Solutions Inc. acquired a new position in Vanguard Large-Cap ETF, while LPL Financial LLC and Mariner LLC increased their stakes. Additionally, Citizens Financial Group Inc. RI and Stifel Financial Corp also boosted their positions in the company.
Shares of Vanguard Large-Cap ETF opened at $251.50 on Wednesday, with a market cap of $36.16 billion. The stock has a 52-week low of $187.49 and a high of $251.68, with a 50-day simple moving average of $239.12 and a 200-day simple moving average of $230.92.
Vanguard Large-Cap Index Fund seeks to track the performance of a benchmark index that measures the investment return of large-capitalization stocks. The Fund utilizes a passive management investment approach to track the performance of the MSCI US Prime Market 750 Index, consisting mainly of stocks of large US companies.
In DailyBubble’s opinion, Vanguard Large-Cap ETF presents a strong investment opportunity within the large-cap stock sector, with potential for growth and stability in the long term. Investors should consider the fund’s performance and market trends when making investment decisions.