Short Interest in Vanguard Russell 1000 Value (NASDAQ:VONV) Expands By 43.3%

Vanguard Russell 1000 Value (NASDAQ:VONV) was the target of a significant increase in short interest in November. As of November 15th, there was short interest totalling 350,700 shares, an increase of 43.3% from the October 31st total of 244,800 shares. Based on an average trading volume of 362,100 shares, the days-to-cover ratio is currently 1.0 days.

Vanguard Russell 1000 Value Stock Up 0.3 %

VONV traded up $0.26 during midday trading on Friday, hitting $87.69. The company had a trading volume of 198,688 shares, compared to its average volume of 361,200. The stock’s 50 day moving average price is $84.25 and its 200 day moving average price is $80.63. The company has a market capitalization of $9.96 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 52 week low of $68.55 and a 52 week high of $87.97.

Vanguard Russell 1000 Value Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.437 per share. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. This represents a $1.75 dividend on an annualized basis and a dividend yield of 1.99%. The ex-dividend date was Thursday, September 26th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Future Financial Wealth Managment LLC purchased a new stake in Vanguard Russell 1000 Value during the third quarter valued at about $25,000. Guardian Wealth Management Inc. lifted its holdings in shares of Vanguard Russell 1000 Value by 39.3% during the 3rd quarter. Guardian Wealth Management Inc. now owns 560 shares of the company’s stock worth $47,000 after acquiring an additional 158 shares during the last quarter. International Assets Investment Management LLC purchased a new position in Vanguard Russell 1000 Value in the second quarter worth $74,000. Signaturefd LLC lifted its stake in Vanguard Russell 1000 Value by 2,014.0% during the third quarter. Signaturefd LLC now owns 1,057 shares of the company’s stock worth $88,000 after purchasing an additional 1,007 shares during the last quarter. Finally, Princeton Global Asset Management LLC purchased a new position in shares of Vanguard Russell 1000 Value in the 3rd quarter worth about $123,000.

About Vanguard Russell 1000 Value

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.