Short Interest in Vanguard Russell 1000 (NASDAQ:VONE) Drops By 14.2%

Vanguard Russell 1000 (NASDAQ:VONE) saw a significant decline in short interest in March. As of March 15th, there was short interest totalling 48,300 shares, a decline of 14.2% from the February 28th total of 56,300 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 104,400 shares, the days-to-cover ratio is currently 0.5 days.

Vanguard Russell 1000 Stock Performance

Vanguard Russell 1000 stock opened at $254.96 on Wednesday. Vanguard Russell 1000 has a one year low of $224.66 and a one year high of $279.48. The stock’s 50 day moving average price is $267.71 and its 200 day moving average price is $267.19. The firm has a market capitalization of $5.35 billion, a PE ratio of 24.15 and a beta of 1.03.

Vanguard Russell 1000 Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.7943 dividend. The ex-dividend date of this dividend was Tuesday, March 25th. This represents a $3.18 annualized dividend and a dividend yield of 1.25%.

Institutional Investors Weigh In On Vanguard Russell 1000

A number of large investors have recently added to or reduced their stakes in VONE. Raymond James Financial Inc. acquired a new position in Vanguard Russell 1000 in the 4th quarter worth $72,938,000. Bank of America Corp DE increased its position in shares of Vanguard Russell 1000 by 63.9% during the fourth quarter. Bank of America Corp DE now owns 639,300 shares of the company’s stock worth $170,514,000 after acquiring an additional 249,163 shares during the last quarter. Strategic Financial Concepts LLC acquired a new position in shares of Vanguard Russell 1000 in the fourth quarter worth about $59,823,000. Wells Fargo & Company MN boosted its holdings in Vanguard Russell 1000 by 36.0% in the fourth quarter. Wells Fargo & Company MN now owns 226,226 shares of the company’s stock valued at $60,339,000 after purchasing an additional 59,898 shares during the last quarter. Finally, Rialto Wealth Management LLC acquired a new stake in Vanguard Russell 1000 during the 4th quarter valued at approximately $9,654,000.

Vanguard Russell 1000 Company Profile

The Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund that is based on the Russell 1000 index, a market-cap-weighted index of the 1000 largest US companies. VONE was launched on Sep 20, 2010 and is managed by Vanguard.