Short Interest in Vanguard Russell 1000 ETF (NASDAQ:VONE) Decreases By 65.0%

Vanguard Russell 1000 ETF (NASDAQ:VONE) was the recipient of a large decrease in short interest in the month of May. As of May 31st, there was short interest totalling 35,400 shares, a decrease of 65.0% from the May 15th total of 101,100 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 163,200 shares, the short-interest ratio is currently 0.2 days.

Hedge Funds Weigh In On Vanguard Russell 1000 ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Raymond James Financial Inc. bought a new stake in shares of Vanguard Russell 1000 ETF in the 4th quarter valued at approximately $72,938,000. Bank of America Corp DE lifted its stake in Vanguard Russell 1000 ETF by 63.9% during the fourth quarter. Bank of America Corp DE now owns 639,300 shares of the company’s stock valued at $170,514,000 after purchasing an additional 249,163 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in Vanguard Russell 1000 ETF by 776.6% during the first quarter. Baird Financial Group Inc. now owns 129,006 shares of the company’s stock worth $32,749,000 after buying an additional 114,289 shares in the last quarter. Apella Capital LLC grew its position in Vanguard Russell 1000 ETF by 262.5% in the first quarter. Apella Capital LLC now owns 125,999 shares of the company’s stock worth $31,015,000 after buying an additional 91,245 shares during the last quarter. Finally, SouthState Corp bought a new position in shares of Vanguard Russell 1000 ETF in the first quarter valued at $19,116,000.

Vanguard Russell 1000 ETF Price Performance

NASDAQ:VONE opened at $272.62 on Friday. The business’s 50-day moving average is $256.86 and its two-hundred day moving average is $264.22. The firm has a market capitalization of $5.68 billion, a PE ratio of 25.15 and a beta of 1.02. Vanguard Russell 1000 ETF has a 12 month low of $218.75 and a 12 month high of $279.48.

Vanguard Russell 1000 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a dividend of $0.7943 per share. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $3.18 dividend on an annualized basis and a dividend yield of 1.17%.

About Vanguard Russell 1000 ETF

The Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund that is based on the Russell 1000 index, a market-cap-weighted index of the 1000 largest US companies. VONE was launched on Sep 20, 2010 and is managed by Vanguard.