Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Short Interest Update

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw a large drop in short interest in the month of May. As of May 29th, there was short interest totaling 142,213 shares, a drop of 37.8% from the May 14th total of 228,776 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 681,575 shares, the short-interest ratio is presently 0.2 days.

Vanguard Russell 1000 Value ETF Stock Performance

NASDAQ:VONV opened at $107.29 on Tuesday. The company has a 50-day moving average of $101.60 and a 200-day moving average of $97.35. The company has a market capitalization of $19.14 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 52 week low of $82.73 and a 52 week high of $107.68.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a dividend of $0.4117 per share. This represents a $1.65 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Tuesday, March 24th.

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

Several hedge funds and other institutional investors have recently modified their holdings of VONV. Bank of America Corp DE raised its stake in Vanguard Russell 1000 Value ETF by 3.0% during the third quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock worth $2,544,908,000 after acquiring an additional 823,792 shares in the last quarter. LPL Financial LLC raised its stake in Vanguard Russell 1000 Value ETF by 8.5% during the fourth quarter. LPL Financial LLC now owns 11,418,321 shares of the company’s stock worth $1,053,911,000 after acquiring an additional 891,173 shares in the last quarter. Wellington Management Group LLP raised its stake in Vanguard Russell 1000 Value ETF by 1,284.2% during the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after acquiring an additional 4,894,074 shares in the last quarter. TIAA Trust National Association raised its stake in Vanguard Russell 1000 Value ETF by 4.0% during the fourth quarter. TIAA Trust National Association now owns 4,726,716 shares of the company’s stock worth $436,277,000 after acquiring an additional 181,325 shares in the last quarter. Finally, Valpey Financial Services LLC raised its stake in Vanguard Russell 1000 Value ETF by 9,192.2% during the fourth quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock worth $319,226,000 after acquiring an additional 3,421,345 shares in the last quarter.

About Vanguard Russell 1000 Value ETF

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.