Sage Financial Group Inc. lessened its stake in Vanguard Large-Cap ETF (NYSEARCA:VV) by 6.1% in the second quarter, HoldingsChannel.com reports. The firm owned 47,287 shares of the company’s stock after selling 3,089 shares during the quarter. Vanguard Large-Cap ETF accounts for 0.9% of Sage Financial Group Inc.’s portfolio, making the stock its 20th largest position. Sage Financial Group Inc.’s holdings in Vanguard Large-Cap ETF were worth $6,370,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Osborn Williams & Donohoe LLC purchased a new position in shares of Vanguard Large-Cap ETF in the 1st quarter valued at about $26,000. Citizens Financial Group Inc RI purchased a new position in shares of Vanguard Large-Cap ETF in the 1st quarter valued at about $45,000. Tradewinds Capital Management LLC purchased a new position in shares of Vanguard Large-Cap ETF in the 1st quarter valued at about $57,000. TCI Wealth Advisors Inc. increased its holdings in shares of Vanguard Large-Cap ETF by 57.1% in the 2nd quarter. TCI Wealth Advisors Inc. now owns 589 shares of the company’s stock valued at $79,000 after purchasing an additional 214 shares in the last quarter. Finally, Bremer Bank National Association purchased a new position in shares of Vanguard Large-Cap ETF in the 1st quarter valued at about $81,000.
Shares of VV traded down $1.03 during trading hours on Friday, reaching $134.52. The company had a trading volume of 330,357 shares, compared to its average volume of 296,977. The firm has a 50 day moving average of $136.36. Vanguard Large-Cap ETF has a 12-month low of $107.34 and a 12-month high of $138.97.
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.
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