Royal Bank of Canada Has $66.38 Million Stock Holdings in Vanguard Russell 1000 Value ETF $VONV

Royal Bank of Canada grew its position in shares of Vanguard Russell 1000 Value ETF (NASDAQ:VONV) by 12.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 708,137 shares of the company’s stock after acquiring an additional 76,564 shares during the quarter. Royal Bank of Canada owned about 0.40% of Vanguard Russell 1000 Value ETF worth $66,379,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of VONV. YANKCOM Partnership acquired a new stake in Vanguard Russell 1000 Value ETF in the 4th quarter valued at $25,000. Quadrant Capital Group LLC bought a new stake in Vanguard Russell 1000 Value ETF during the 4th quarter valued at $33,000. Victory Capital Management Inc. raised its holdings in Vanguard Russell 1000 Value ETF by 139.6% during the third quarter. Victory Capital Management Inc. now owns 448 shares of the company’s stock worth $40,000 after buying an additional 261 shares during the last quarter. Newbridge Financial Services Group Inc. raised its holdings in Vanguard Russell 1000 Value ETF by 355.0% during the third quarter. Newbridge Financial Services Group Inc. now owns 455 shares of the company’s stock worth $41,000 after buying an additional 355 shares during the last quarter. Finally, Optima Capital LLC bought a new position in shares of Vanguard Russell 1000 Value ETF in the fourth quarter valued at $45,000.

Vanguard Russell 1000 Value ETF Trading Up 0.4%

Vanguard Russell 1000 Value ETF stock opened at $110.42 on Friday. The firm has a market capitalization of $20.69 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. The firm’s fifty day moving average price is $106.88 and its two-hundred day moving average price is $100.90. Vanguard Russell 1000 Value ETF has a 1-year low of $84.13 and a 1-year high of $110.82.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a $0.4102 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date was Thursday, June 18th.

Vanguard Russell 1000 Value ETF Profile

The Vanguard Russell 1000 Value ETF (VONV) is an exchange-traded fund that is based on the Russell 1000 Value index. The fund tracks an index of value stocks selected from the 1,000 largest US companies. VONV was launched on Sep 20, 2010 and is managed by Vanguard.