Short Interest in Vanguard Russell 3000 ETF (NASDAQ:VTHR) Decreases By 22.5%

Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw a large drop in short interest in the month of September. As of September 15th, there was short interest totalling 41,000 shares, a drop of 22.5% from the August 31st total of 52,900 shares. Based on an average daily volume of 16,700 shares, the days-to-cover ratio is presently 2.5 days.

Vanguard Russell 3000 ETF Price Performance

VTHR stock traded up $0.91 during midday trading on Friday, reaching $254.15. 216 shares of the company’s stock traded hands, compared to its average volume of 21,724. Vanguard Russell 3000 ETF has a fifty-two week low of $181.59 and a fifty-two week high of $254.15. The business has a 50-day moving average price of $244.10 and a two-hundred day moving average price of $237.36. The company has a market capitalization of $2.61 billion, a P/E ratio of 23.71 and a beta of 1.03.

Vanguard Russell 3000 ETF Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, September 30th. Investors of record on Thursday, September 26th will be issued a $0.785 dividend. This is an increase from Vanguard Russell 3000 ETF’s previous quarterly dividend of $0.78. This represents a $3.14 annualized dividend and a yield of 1.24%. The ex-dividend date of this dividend is Thursday, September 26th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the business. Brookstone Capital Management raised its position in shares of Vanguard Russell 3000 ETF by 6.1% in the 1st quarter. Brookstone Capital Management now owns 1,480 shares of the company’s stock valued at $345,000 after purchasing an additional 85 shares in the last quarter. Family Firm Inc. grew its holdings in Vanguard Russell 3000 ETF by 0.4% during the 2nd quarter. Family Firm Inc. now owns 39,402 shares of the company’s stock worth $9,441,000 after acquiring an additional 167 shares in the last quarter. Raymond James & Associates raised its stake in shares of Vanguard Russell 3000 ETF by 0.4% in the 2nd quarter. Raymond James & Associates now owns 59,235 shares of the company’s stock valued at $14,193,000 after purchasing an additional 249 shares in the last quarter. Koesten Hirschmann & Crabtree INC. lifted its position in shares of Vanguard Russell 3000 ETF by 127.7% during the first quarter. Koesten Hirschmann & Crabtree INC. now owns 460 shares of the company’s stock worth $107,000 after purchasing an additional 258 shares during the last quarter. Finally, Tortoise Investment Management LLC acquired a new stake in Vanguard Russell 3000 ETF during the fourth quarter valued at approximately $84,000.

About Vanguard Russell 3000 ETF

The Vanguard Russell 3000 ETF (VTHR) is an exchange-traded fund that is based on the Russell 3000 index, a market-cap-weighted index that measures the investable US equity space, covering the entire market-cap spectrum including micro-caps. VTHR was launched on Sep 20, 2010 and is managed by Vanguard.