Royal Bank of Canada Purchases 54,335 Shares of Vanguard Russell 2000 ETF $VTWO

Royal Bank of Canada lifted its holdings in shares of Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 18.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 355,278 shares of the company’s stock after buying an additional 54,335 shares during the quarter. Royal Bank of Canada’s holdings in Vanguard Russell 2000 ETF were worth $35,589,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. D.A. Davidson & CO. boosted its holdings in Vanguard Russell 2000 ETF by 5.2% during the fourth quarter. D.A. Davidson & CO. now owns 95,532 shares of the company’s stock worth $9,507,000 after buying an additional 4,720 shares during the last quarter. Wesbanco Bank Inc. increased its stake in shares of Vanguard Russell 2000 ETF by 15.3% in the 4th quarter. Wesbanco Bank Inc. now owns 226,761 shares of the company’s stock valued at $22,567,000 after acquiring an additional 30,063 shares during the last quarter. AE Wealth Management LLC increased its stake in shares of Vanguard Russell 2000 ETF by 3.5% in the 4th quarter. AE Wealth Management LLC now owns 280,786 shares of the company’s stock valued at $27,944,000 after acquiring an additional 9,598 shares during the last quarter. Red Tortoise LLC raised its position in shares of Vanguard Russell 2000 ETF by 84.8% in the 4th quarter. Red Tortoise LLC now owns 13,772 shares of the company’s stock valued at $1,371,000 after acquiring an additional 6,319 shares during the period. Finally, Farther Finance Advisors LLC raised its position in shares of Vanguard Russell 2000 ETF by 7.8% in the 4th quarter. Farther Finance Advisors LLC now owns 73,210 shares of the company’s stock valued at $7,286,000 after acquiring an additional 5,266 shares during the period.

Vanguard Russell 2000 ETF Price Performance

Vanguard Russell 2000 ETF stock opened at $119.72 on Tuesday. The firm has a market capitalization of $17.63 billion, a price-to-earnings ratio of 16.60 and a beta of 1.10. The company’s 50 day simple moving average is $118.52 and its 200 day simple moving average is $110.92. Vanguard Russell 2000 ETF has a fifty-two week low of $87.38 and a fifty-two week high of $122.35.

Vanguard Russell 2000 ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $0.3014 dividend. This represents a $1.21 annualized dividend and a yield of 1.0%. This is a boost from Vanguard Russell 2000 ETF’s previous quarterly dividend of $0.26. The ex-dividend date was Thursday, June 18th.

Vanguard Russell 2000 ETF Profile

The Vanguard Russell 2000 ETF (VTWO) is an exchange-traded fund that is based on the Russell 2000 index, a market-cap-weighted index of US small-cap stocks VTWO was launched on Sep 20, 2010 and is managed by Vanguard.