Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Short Interest Down 51.5% in May

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 228,776 shares, a drop of 51.5% from the April 30th total of 471,533 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 786,411 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Vanguard Russell 1000 Value ETF

Large investors have recently bought and sold shares of the business. Bank of America Corp DE increased its position in shares of Vanguard Russell 1000 Value ETF by 3.0% in the third quarter. Bank of America Corp DE now owns 28,476,088 shares of the company’s stock valued at $2,544,908,000 after buying an additional 823,792 shares in the last quarter. LPL Financial LLC boosted its holdings in Vanguard Russell 1000 Value ETF by 8.5% in the 4th quarter. LPL Financial LLC now owns 11,418,321 shares of the company’s stock worth $1,053,911,000 after buying an additional 891,173 shares during the last quarter. Wellington Management Group LLP increased its stake in Vanguard Russell 1000 Value ETF by 1,284.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after buying an additional 4,894,074 shares in the last quarter. TIAA Trust National Association increased its stake in Vanguard Russell 1000 Value ETF by 4.0% during the 4th quarter. TIAA Trust National Association now owns 4,726,716 shares of the company’s stock worth $436,277,000 after buying an additional 181,325 shares in the last quarter. Finally, Valpey Financial Services LLC raised its holdings in shares of Vanguard Russell 1000 Value ETF by 9,192.2% during the fourth quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock valued at $319,226,000 after acquiring an additional 3,421,345 shares during the last quarter.

Vanguard Russell 1000 Value ETF Stock Performance

NASDAQ VONV traded up $0.23 during mid-day trading on Wednesday, reaching $105.25. 457,396 shares of the stock were exchanged, compared to its average volume of 1,384,487. The company has a market capitalization of $18.78 billion, a P/E ratio of 19.46 and a beta of 0.84. The business’s 50 day moving average is $99.31 and its 200-day moving average is $96.26. Vanguard Russell 1000 Value ETF has a 1 year low of $82.73 and a 1 year high of $105.34.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given 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 1.6%.

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.