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

Vanguard Russell 1000 Value (NASDAQ:VONV) saw a large increase in short interest during the month of 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 daily trading volume, of 362,100 shares, the days-to-cover ratio is currently 1.0 days.

Vanguard Russell 1000 Value Stock Performance

NASDAQ VONV opened at $87.69 on Friday. The firm has a market capitalization of $9.96 billion, a PE ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a one year low of $68.55 and a one year high of $87.97. The company has a 50-day simple moving average of $84.25 and a 200-day simple moving average of $80.63.

Vanguard Russell 1000 Value Increases Dividend

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VONV. Synovus Financial Corp acquired a new stake in Vanguard Russell 1000 Value in the third quarter worth $269,000. Wilmington Savings Fund Society FSB increased its holdings in shares of Vanguard Russell 1000 Value by 183.9% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 9,415 shares of the company’s stock worth $785,000 after acquiring an additional 6,099 shares during the period. World Investment Advisors LLC increased its holdings in shares of Vanguard Russell 1000 Value by 1.8% in the 3rd quarter. World Investment Advisors LLC now owns 24,488 shares of the company’s stock worth $2,041,000 after acquiring an additional 437 shares during the period. TD Private Client Wealth LLC lifted its position in Vanguard Russell 1000 Value by 2.8% in the 3rd quarter. TD Private Client Wealth LLC now owns 35,885 shares of the company’s stock valued at $2,990,000 after purchasing an additional 981 shares during the last quarter. Finally, M&T Bank Corp boosted its stake in Vanguard Russell 1000 Value by 4.6% during the 3rd quarter. M&T Bank Corp now owns 188,200 shares of the company’s stock valued at $15,682,000 after purchasing an additional 8,218 shares during the period.

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.