Short Interest in Vanguard Russell 1000 Value (NASDAQ:VONV) Declines By 34.9%

Vanguard Russell 1000 Value (NASDAQ:VONV) was the recipient of a large decline in short interest in October. As of October 31st, there was short interest totalling 244,800 shares, a decline of 34.9% from the October 15th total of 375,800 shares. Based on an average daily volume of 355,500 shares, the days-to-cover ratio is presently 0.7 days.

Vanguard Russell 1000 Value Stock Down 0.4 %

VONV stock opened at $84.71 on Friday. The business has a 50 day moving average of $83.39 and a 200 day moving average of $80.01. Vanguard Russell 1000 Value has a twelve month low of $67.27 and a twelve month high of $86.57. The firm has a market cap of $9.62 billion, a PE ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a dividend of $0.437 per share. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. This represents a $1.75 dividend on an annualized basis and a yield of 2.06%. The ex-dividend date was Thursday, September 26th.

Hedge Funds Weigh In On Vanguard Russell 1000 Value

A number of hedge funds have recently added to or reduced their stakes in the company. TIAA Trust National Association lifted its position in Vanguard Russell 1000 Value by 7.9% in the 1st quarter. TIAA Trust National Association now owns 3,650,462 shares of the company’s stock valued at $287,072,000 after acquiring an additional 268,303 shares in the last quarter. LPL Financial LLC boosted its position in shares of Vanguard Russell 1000 Value by 18.7% during the third quarter. LPL Financial LLC now owns 1,434,011 shares of the company’s stock valued at $119,496,000 after buying an additional 226,324 shares during the last quarter. Cetera Investment Advisers boosted its position in shares of Vanguard Russell 1000 Value by 185.1% during the first quarter. Cetera Investment Advisers now owns 288,015 shares of the company’s stock valued at $22,649,000 after buying an additional 186,989 shares during the last quarter. Highline Wealth Partners LLC bought a new stake in Vanguard Russell 1000 Value in the 3rd quarter worth about $13,274,000. Finally, Commonwealth Equity Services LLC lifted its stake in Vanguard Russell 1000 Value by 13.4% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,264,952 shares of the company’s stock valued at $96,857,000 after acquiring an additional 149,680 shares during the period.

About Vanguard Russell 1000 Value

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.