Royal Bank of Canada Increases Stake in Vanguard Large-Cap ETF (NYSEARCA:VV)

Royal Bank of Canada raised its position in Vanguard Large-Cap ETF (NYSEARCA:VV) by 0.1% during the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 765,702 shares of the company’s stock after purchasing an additional 586 shares during the period. Royal Bank of Canada owned 0.53% of Vanguard Large-Cap ETF worth $206,510,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its stake in shares of Vanguard Large-Cap ETF by 0.7% in the 4th quarter. Ameriprise Financial Inc. now owns 807,853 shares of the company’s stock worth $217,965,000 after acquiring an additional 5,812 shares during the last quarter. Allodium Investment Consultants LLC acquired a new stake in shares of Vanguard Large-Cap ETF in the 4th quarter worth $401,000. IFP Advisors Inc increased its stake in shares of Vanguard Large-Cap ETF by 700.0% in the 4th quarter. IFP Advisors Inc now owns 440 shares of the company’s stock worth $119,000 after acquiring an additional 385 shares during the last quarter. Partners in Financial Planning acquired a new stake in shares of Vanguard Large-Cap ETF in the 4th quarter worth $2,387,000. Finally, LPL Financial LLC increased its stake in shares of Vanguard Large-Cap ETF by 0.7% in the 4th quarter. LPL Financial LLC now owns 779,223 shares of the company’s stock worth $210,156,000 after acquiring an additional 5,396 shares during the last quarter.

Vanguard Large-Cap ETF Trading Up 0.7%

Shares of VV opened at $273.89 on Friday. The firm has a market cap of $70.40 billion, a P/E ratio of 25.05 and a beta of 1.02. Vanguard Large-Cap ETF has a 12-month low of $221.41 and a 12-month high of $282.88. The company’s 50-day moving average price is $253.92 and its 200 day moving average price is $267.15.

Vanguard Large-Cap ETF Profile

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.