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

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw a significant decline in short interest during the month of May. As of May 29th, there was short interest totaling 142,213 shares, a decline 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 presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Vanguard Russell 1000 Value ETF

A number of large investors have recently modified their holdings of the business. Bank of America Corp DE grew its stake in shares of Vanguard Russell 1000 Value ETF by 3.0% during the third quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock worth $2,544,908,000 after acquiring an additional 823,792 shares during the last quarter. LPL Financial LLC grew its stake 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 worth $1,053,911,000 after acquiring an additional 891,173 shares during the last quarter. Wellington Management Group LLP grew its stake 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 worth $471,443,000 after acquiring an additional 4,894,074 shares during the last quarter. TIAA Trust National Association boosted its position in Vanguard Russell 1000 Value ETF by 4.0% in 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 boosted its position in Vanguard Russell 1000 Value ETF by 9,192.2% in the fourth 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.

Vanguard Russell 1000 Value ETF Price Performance

VONV opened at $106.96 on Wednesday. The business’s 50-day moving average is $101.84 and its two-hundred day moving average is $97.45. Vanguard Russell 1000 Value ETF has a 1 year low of $82.73 and a 1 year high of $108.02. The firm has a market capitalization of $19.08 billion, a PE ratio of 19.46 and a beta of 0.84.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were paid 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%.

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.