Short Interest in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Expands By 116.7%

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw a significant growth in short interest in 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 trading volume of 1,119,831 shares, the short-interest ratio is presently 0.3 days. Approximately 0.2% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Wellington Management Group LLP grew its stake in shares of Vanguard Russell 1000 Value ETF by 1,284.2% in 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 in the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard Russell 1000 Value ETF by 14.7% during the 2nd 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 raised its holdings in shares of Vanguard Russell 1000 Value ETF by 9,192.2% during the 4th 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. lifted its position in Vanguard Russell 1000 Value ETF by 227.9% during the 4th quarter. Goldman Sachs Group Inc. now owns 2,684,203 shares of the company’s stock worth $247,752,000 after acquiring an additional 1,865,509 shares in the last quarter. Finally, OpenArc Corporate Advisory LLC acquired a new position in Vanguard Russell 1000 Value ETF during the 4th quarter worth approximately $135,878,000.

Vanguard Russell 1000 Value ETF Trading Up 0.1%

Shares of VONV stock opened at $106.50 on Tuesday. The company has a market cap of $19.00 billion, a PE ratio of 19.46 and a beta of 0.84. The company’s fifty day simple moving average is $103.44 and its 200-day simple moving average is $98.36. Vanguard Russell 1000 Value ETF has a 52 week low of $84.13 and a 52 week high of $108.02.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were issued a $0.4102 dividend. This represents a $1.64 annualized dividend and a yield of 1.5%. The ex-dividend date was Thursday, June 18th.

Vanguard Russell 1000 Value ETF Company Profile

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.