Short Interest in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Decreases By 37.8%

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) was the target of a significant decrease in short interest during the month of May. As of May 29th, there was short interest totaling 142,213 shares, a decrease of 37.8% from the May 14th total of 228,776 shares. Based on an average daily volume of 681,575 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the stock are sold short.

Vanguard Russell 1000 Value ETF Price Performance

VONV stock opened at $106.28 on Monday. Vanguard Russell 1000 Value ETF has a 12 month low of $82.73 and a 12 month high of $106.61. The firm has a market cap of $18.96 billion, a PE ratio of 19.46 and a beta of 0.84. The firm has a 50 day simple moving average of $101.34 and a 200 day simple moving average of $97.23.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.4117 per share. The ex-dividend date was Tuesday, March 24th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 1.5%.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the stock. Bank of America Corp DE lifted its position 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 buying an additional 823,792 shares in the last quarter. LPL Financial LLC increased 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 worth $1,053,911,000 after purchasing an additional 891,173 shares during the last quarter. Wellington Management Group LLP grew its stake in Vanguard Russell 1000 Value ETF by 1,284.2% in the 3rd 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 grew its stake in Vanguard Russell 1000 Value ETF by 4.0% in the 4th 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 grew its stake 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 valued at $319,226,000 after buying an additional 3,421,345 shares during 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.