Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Large Increase in Short Interest

Vanguard Russell 1000 Value (NASDAQ:VONV) saw a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 313,900 shares, a growth of 66.6% from the September 15th total of 188,400 shares. Based on an average daily trading volume, of 311,500 shares, the short-interest ratio is currently 1.0 days.

Institutional Investors Weigh In On Vanguard Russell 1000 Value

Several institutional investors have recently made changes to their positions in the stock. TIAA Trust National Association lifted its stake in Vanguard Russell 1000 Value by 7.9% during the first quarter. TIAA Trust National Association now owns 3,650,462 shares of the company’s stock worth $287,072,000 after purchasing an additional 268,303 shares during the last quarter. Cetera Investment Advisers lifted its stake in Vanguard Russell 1000 Value by 185.1% during the first quarter. Cetera Investment Advisers now owns 288,015 shares of the company’s stock worth $22,649,000 after purchasing an additional 186,989 shares during the last quarter. Commonwealth Equity Services LLC lifted its stake in Vanguard Russell 1000 Value by 13.4% during the second quarter. Commonwealth Equity Services LLC now owns 1,264,952 shares of the company’s stock worth $96,857,000 after purchasing an additional 149,680 shares during the last quarter. Deane Retirement Strategies Inc. lifted its stake in Vanguard Russell 1000 Value by 33,848.1% during the third quarter. Deane Retirement Strategies Inc. now owns 115,763 shares of the company’s stock worth $9,645,000 after purchasing an additional 115,422 shares during the last quarter. Finally, Raymond James & Associates lifted its stake in shares of Vanguard Russell 1000 Value by 12.6% in the 2nd quarter. Raymond James & Associates now owns 753,561 shares of the company’s stock valued at $57,700,000 after acquiring an additional 84,477 shares during the last quarter.

Vanguard Russell 1000 Value Stock Performance

VONV stock traded up $0.97 during midday trading on Friday, hitting $84.03. 190,177 shares of the company’s stock were exchanged, compared to its average volume of 350,872. Vanguard Russell 1000 Value has a one year low of $62.92 and a one year high of $84.07. The company has a market cap of $9.54 billion, a PE ratio of 17.49 and a beta of 0.95. The stock’s fifty day moving average price is $81.29 and its 200-day moving average price is $78.68.

Vanguard Russell 1000 Value Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a $0.437 dividend. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. The ex-dividend date was Thursday, September 26th. This represents a $1.75 annualized dividend and a dividend yield of 2.08%.

Vanguard Russell 1000 Value 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.