Kingswood Wealth Advisors LLC recently decreased its holdings in Vanguard Large-Cap ETF by 30.7% in the 1st quarter, according to the company’s Form 13F filing with the SEC. The fund owned 1,040 shares of the company’s stock after selling 461 shares during the period, with holdings worth $250,000.
Several other institutional investors and hedge funds also made changes to their stakes in Vanguard Large-Cap ETF during the 1st quarter. Disciplined Investments LLC and Wallace Advisory Group LLC purchased new positions, while Riverview Trust Co, Capital Planning LLC, and True North Advisors LLC increased their holdings in the ETF.
Vanguard Large-Cap ETF stock traded down 0.8% recently, opening at $249.57 on Friday. The ETF has a market capitalization of $35.88 billion, a PE ratio of 25.46, and a beta of 1.01. Its 50-day and 200-day moving averages were $242.09 and $232.88, respectively.
The Vanguard Large-Cap Index Fund aims to track the performance of the MSCI US Prime Market 750 Index, which measures the investment return of large-cap stocks. It employs a passive management investment approach focused on large US companies.
DailyBubble finds the changes in holdings by institutional investors and the trading performance of Vanguard Large-Cap ETF to be noteworthy. The fund’s ability to track the performance of the benchmark index and its market capitalization are key factors to consider for investors.