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

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) was the recipient of a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 228,776 shares, a decrease of 51.5% from the April 30th total of 471,533 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 786,411 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of VONV. Wellington Management Group LLP increased its holdings in Vanguard Russell 1000 Value ETF by 1,284.2% during the 3rd 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 during the period. Bank of America Corp DE increased its stake in shares of Vanguard Russell 1000 Value ETF by 14.7% during the second quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock valued at $2,356,252,000 after buying an additional 3,543,885 shares during the period. Valpey Financial Services LLC increased its stake 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 valued at $319,226,000 after buying an additional 3,421,345 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Vanguard Russell 1000 Value ETF by 227.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,684,203 shares of the company’s stock valued at $247,752,000 after acquiring an additional 1,865,509 shares in the last quarter. Finally, OpenArc Corporate Advisory LLC bought a new stake in shares of Vanguard Russell 1000 Value ETF in the fourth quarter valued at about $135,878,000.

Vanguard Russell 1000 Value ETF Price Performance

VONV stock opened at $104.43 on Monday. Vanguard Russell 1000 Value ETF has a 12 month low of $81.93 and a 12 month high of $104.81. The firm’s 50-day moving average is $99.11 and its 200 day moving average is $96.17. The company has a market capitalization of $18.63 billion, a PE ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were paid a dividend of $0.4117 per share. This represents a $1.65 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend was Tuesday, March 24th.

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.