Vanguard Large-Cap ETF $VV Shares Sold by Royal Bank of Canada

Royal Bank of Canada lowered its position in shares of Vanguard Large-Cap ETF (NYSEARCA:VV) by 2.6% in the first quarter, Holdings Channel reports. The institutional investor owned 792,998 shares of the company’s stock after selling 21,243 shares during the period. Royal Bank of Canada’s holdings in Vanguard Large-Cap ETF were worth $236,988,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. International Assets Investment Management LLC acquired a new position in shares of Vanguard Large-Cap ETF during the fourth quarter worth about $25,000. Lazard Asset Management LLC acquired a new stake in Vanguard Large-Cap ETF in the third quarter valued at about $29,000. Optima Capital LLC acquired a new stake in Vanguard Large-Cap ETF in the fourth quarter valued at about $30,000. Reicon Wealth Advisors LLC purchased a new stake in Vanguard Large-Cap ETF in the 4th quarter valued at approximately $32,000. Finally, Wiser Advisor Group LLC purchased a new stake in Vanguard Large-Cap ETF in the 3rd quarter valued at approximately $43,000.

Vanguard Large-Cap ETF Trading Down 1.6%

NYSEARCA VV opened at $335.45 on Thursday. The stock has a market capitalization of $51.19 billion, a price-to-earnings ratio of 24.59 and a beta of 1.01. The business’s 50 day moving average is $343.17 and its two-hundred day moving average is $326.40. Vanguard Large-Cap ETF has a 12-month low of $286.05 and a 12-month high of $350.41.

About Vanguard Large-Cap ETF

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. The Fund attempts to replicate the target index by investing all, or substantially all, of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index.