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

Royal Bank of Canada grew its holdings in Vanguard Russell 2000 ETF (NASDAQ:VTWO) by 18.1% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 355,278 shares of the company’s stock after purchasing an additional 54,335 shares during the quarter. Royal Bank of Canada owned about 0.26% of Vanguard Russell 2000 ETF worth $35,589,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in VTWO. Bank of America Corp DE raised its holdings in shares of Vanguard Russell 2000 ETF by 8.1% in the fourth quarter. Bank of America Corp DE now owns 29,521,917 shares of the company’s stock valued at $2,938,021,000 after buying an additional 2,204,005 shares during the last quarter. Morgan Stanley increased its position in Vanguard Russell 2000 ETF by 2.2% in the 4th quarter. Morgan Stanley now owns 8,811,195 shares of the company’s stock valued at $876,890,000 after acquiring an additional 192,321 shares in the last quarter. Natixis Advisors LLC increased its position in Vanguard Russell 2000 ETF by 5.0% in the 4th quarter. Natixis Advisors LLC now owns 5,860,950 shares of the company’s stock valued at $583,282,000 after acquiring an additional 281,079 shares in the last quarter. US Bancorp DE raised its stake in shares of Vanguard Russell 2000 ETF by 7.3% in the fourth quarter. US Bancorp DE now owns 5,260,478 shares of the company’s stock worth $523,533,000 after acquiring an additional 358,891 shares during the last quarter. Finally, Wells Fargo & Company MN raised its stake in shares of Vanguard Russell 2000 ETF by 1.6% in the fourth quarter. Wells Fargo & Company MN now owns 3,525,185 shares of the company’s stock worth $350,826,000 after acquiring an additional 54,228 shares during the last quarter.

Vanguard Russell 2000 ETF Trading Up 1.7%

Shares of VTWO stock opened at $119.72 on Tuesday. Vanguard Russell 2000 ETF has a 1 year low of $87.38 and a 1 year high of $122.35. The firm’s 50 day moving average is $118.52 and its 200-day moving average is $110.92. The firm has a market capitalization of $17.63 billion, a price-to-earnings ratio of 16.60 and a beta of 1.10.

Vanguard Russell 2000 ETF Increases Dividend

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

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.