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

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) was the target of a significant growth in short interest during 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. Currently, 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. Currently, 0.2% of the company’s stock are short sold.

Vanguard Russell 1000 Value ETF Price Performance

VONV opened at $97.95 on Wednesday. The firm has a market cap of $15.42 billion, a PE ratio of 19.46 and a beta of 0.89. The stock has a 50-day moving average price of $95.19 and a 200-day moving average price of $91.25. Vanguard Russell 1000 Value ETF has a 1 year low of $71.68 and a 1 year high of $99.34.

Vanguard Russell 1000 Value ETF Announces Dividend

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

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

A number of hedge funds have recently added to or reduced their stakes in the company. Bank of America Corp DE boosted its stake in Vanguard Russell 1000 Value ETF by 3.0% during the 3rd quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock valued at $2,544,908,000 after purchasing an additional 823,792 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of 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 valued at $1,053,911,000 after purchasing an additional 891,173 shares in the last quarter. Wellington Management Group LLP boosted 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 valued at $471,443,000 after buying an additional 4,894,074 shares during the last quarter. TIAA Trust National Association boosted its position in shares of 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 valued at $436,277,000 after buying an additional 181,325 shares during the last quarter. Finally, Valpey Financial Services LLC increased its holdings in Vanguard Russell 1000 Value ETF by 9,192.2% in the 4th quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock worth $319,226,000 after buying 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.