Kovack Advisors Inc. Purchases Shares of 1,053 Vanguard Large-Cap ETF (NYSEARCA:VV)

Kovack Advisors Inc. purchased a new stake in Vanguard Large-Cap ETF (NYSEARCA:VV) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 1,053 shares of the company’s stock, valued at approximately $252,000.

A number of other institutional investors have also recently made changes to their positions in VV. Jones Financial Companies Lllp boosted its position in Vanguard Large-Cap ETF by 0.9% during the fourth quarter. Jones Financial Companies Lllp now owns 16,664,820 shares of the company’s stock valued at $3,635,431,000 after acquiring an additional 145,274 shares during the last quarter. Creative Planning boosted its position in Vanguard Large-Cap ETF by 2.5% during the third quarter. Creative Planning now owns 12,982,165 shares of the company’s stock valued at $2,540,480,000 after acquiring an additional 319,165 shares during the last quarter. Morgan Stanley boosted its position in Vanguard Large-Cap ETF by 1.0% during the third quarter. Morgan Stanley now owns 2,414,467 shares of the company’s stock valued at $472,488,000 after acquiring an additional 23,918 shares during the last quarter. Wells Fargo & Company MN boosted its position in Vanguard Large-Cap ETF by 11.2% during the fourth quarter. Wells Fargo & Company MN now owns 1,230,624 shares of the company’s stock valued at $268,461,000 after acquiring an additional 124,159 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its position in shares of Vanguard Large-Cap ETF by 3.2% during the 4th quarter. Axxcess Wealth Management LLC now owns 1,115,798 shares of the company’s stock worth $243,411,000 after purchasing an additional 35,052 shares in the last quarter.

Vanguard Large-Cap ETF Price Performance

Shares of VV opened at $253.15 on Friday. The stock has a 50-day moving average of $243.78 and a 200-day moving average of $233.89. The company has a market cap of $36.39 billion, a PE ratio of 25.46 and a beta of 1.01. Vanguard Large-Cap ETF has a one year low of $187.49 and a one year high of $253.35.

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.