Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Sees Significant Increase in Short Interest

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) was the recipient of a large growth in short interest during the month of June. As of June 15th, there was short interest totaling 308,159 shares, a growth of 116.7% from the May 31st total of 142,213 shares. Based on an average daily volume of 1,119,831 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. NewEdge Advisors LLC grew its stake in Vanguard Russell 1000 Value ETF by 1.2% in the first quarter. NewEdge Advisors LLC now owns 92,316 shares of the company’s stock worth $8,654,000 after purchasing an additional 1,105 shares in the last quarter. Integrated Investment Consultants LLC raised its stake in Vanguard Russell 1000 Value ETF by 8.2% during the first quarter. Integrated Investment Consultants LLC now owns 61,505 shares of the company’s stock worth $5,765,000 after acquiring an additional 4,642 shares during the period. Cozad Asset Management Inc. lifted its holdings in Vanguard Russell 1000 Value ETF by 0.9% in the first quarter. Cozad Asset Management Inc. now owns 17,870 shares of the company’s stock worth $1,675,000 after acquiring an additional 167 shares during the last quarter. Westshore Wealth LLC boosted its stake in Vanguard Russell 1000 Value ETF by 10.4% in the first quarter. Westshore Wealth LLC now owns 41,106 shares of the company’s stock valued at $3,853,000 after acquiring an additional 3,876 shares during the period. Finally, Glenmede Trust Co. NA grew its stake in Vanguard Russell 1000 Value ETF by 11.7% during the 1st quarter. Glenmede Trust Co. NA now owns 58,064 shares of the company’s stock worth $5,443,000 after buying an additional 6,094 shares during the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

NASDAQ VONV traded up $0.65 during mid-day trading on Wednesday, reaching $106.96. 180,753 shares of the stock were exchanged, compared to its average volume of 1,350,714. The stock has a market capitalization of $19.08 billion, a PE ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 1-year low of $84.13 and a 1-year high of $108.02. The business’s fifty day simple moving average is $103.57 and its 200 day simple moving average is $98.46.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid 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 of this dividend was Thursday, June 18th.

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.