Short Interest in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Increases By 19.9%

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) was the recipient of a large growth in short interest in the month of January. As of January 30th, there was short interest totaling 291,653 shares, a growth of 19.9% from the January 15th total of 243,309 shares. Approximately 0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 1,524,279 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 1,524,279 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

Several large investors have recently modified their holdings of the stock. Bank of America Corp DE raised its holdings in Vanguard Russell 1000 Value ETF by 3.0% in the 3rd 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 during the last quarter. LPL Financial LLC lifted its stake in shares of Vanguard Russell 1000 Value ETF by 8.5% during the 4th quarter. LPL Financial LLC now owns 11,418,321 shares of the company’s stock valued at $1,053,911,000 after buying an additional 891,173 shares in the last quarter. Wellington Management Group LLP grew its position in shares of 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 purchasing an additional 4,894,074 shares in the last quarter. TIAA Trust National Association lifted its holdings in shares of Vanguard Russell 1000 Value ETF by 4.0% in the fourth quarter. TIAA Trust National Association now owns 4,726,716 shares of the company’s stock worth $436,277,000 after buying an additional 181,325 shares in the last quarter. Finally, Valpey Financial Services LLC boosted its position in shares of 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 during the last quarter.

Vanguard Russell 1000 Value ETF Price Performance

NASDAQ:VONV traded down $0.24 during mid-day trading on Tuesday, hitting $97.95. 998,918 shares of the company’s stock were exchanged, compared to its average volume of 1,312,697. The company has a market cap of $15.42 billion, a PE ratio of 19.46 and a beta of 0.89. Vanguard Russell 1000 Value ETF has a one year low of $71.68 and a one year high of $99.34. The business has a fifty day moving average price of $95.07 and a 200 day moving average price of $91.16.

Vanguard Russell 1000 Value ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Shareholders of record on Monday, December 22nd were issued a $0.4916 dividend. This represents a $1.97 annualized dividend and a yield of 2.0%. The ex-dividend date of this dividend was Monday, December 22nd.

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.