Short Interest in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Drops By 23.8%

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 205,269 shares, a decline of 23.8% from the March 15th total of 269,245 shares. Based on an average daily volume of 2,481,222 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are sold short.

Vanguard Russell 1000 Value ETF Trading Up 0.9%

VONV traded up $0.89 on Friday, hitting $99.56. 233,613 shares of the company’s stock were exchanged, compared to its average volume of 1,639,160. Vanguard Russell 1000 Value ETF has a fifty-two week low of $75.12 and a fifty-two week high of $99.78. The firm has a 50-day moving average price of $96.44 and a 200-day moving average price of $93.60. The stock has a market cap of $17.76 billion, a price-to-earnings ratio of 19.46 and a beta of 0.85.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were paid a dividend of $0.4117 per share. This represents a $1.65 annualized dividend and a yield of 1.7%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Investors Weigh In On Vanguard Russell 1000 Value ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Atlanta Consulting Group Advisors LLC boosted its stake in Vanguard Russell 1000 Value ETF by 0.8% during the 4th quarter. Atlanta Consulting Group Advisors LLC now owns 13,337 shares of the company’s stock worth $1,231,000 after purchasing an additional 108 shares during the last quarter. Asset Management One Co. Ltd. boosted its position in shares of Vanguard Russell 1000 Value ETF by 20.3% during the 4th quarter. Asset Management One Co. Ltd. now owns 693 shares of the company’s stock valued at $64,000 after acquiring an additional 117 shares during the last quarter. Thompson Siegel & Walmsley LLC boosted its position in shares of Vanguard Russell 1000 Value ETF by 4.5% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 2,932 shares of the company’s stock valued at $271,000 after acquiring an additional 125 shares during the last quarter. Pinnacle Financial Partners Inc. boosted its position in shares of Vanguard Russell 1000 Value ETF by 0.7% during the 3rd quarter. Pinnacle Financial Partners Inc. now owns 18,544 shares of the company’s stock valued at $1,657,000 after acquiring an additional 132 shares during the last quarter. Finally, Intrua Financial LLC boosted its position in shares of Vanguard Russell 1000 Value ETF by 6.2% during the 4th quarter. Intrua Financial LLC now owns 2,393 shares of the company’s stock valued at $221,000 after acquiring an additional 140 shares during the last quarter.

About Vanguard Russell 1000 Value ETF

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.