Short Interest in Vanguard Russell 1000 Value (NASDAQ:VONV) Rises By 76.5%

Vanguard Russell 1000 Value (NASDAQ:VONV – Get Rating) was the recipient of a significant increase in short interest during the month of May. As of May 15th, there was short interest totalling 130,600 shares, an increase of 76.5% from the April 30th total of 74,000 shares. Based on an average daily trading volume, of 378,400 shares, the days-to-cover ratio is currently 0.3 days.

Vanguard Russell 1000 Value Stock Performance

Shares of NASDAQ:VONV traded up $0.24 during midday trading on Friday, reaching $65.43. 49,950 shares of the company’s stock traded hands, compared to its average volume of 473,747. The company has a market cap of $6.31 billion, a price-to-earnings ratio of 14.90 and a beta of 0.95. Vanguard Russell 1000 Value has a one year low of $58.83 and a one year high of $71.10. The stock has a 50 day moving average of $66.60 and a 200 day moving average of $66.78.

Vanguard Russell 1000 Value Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 28th. Stockholders of record on Friday, March 24th were paid a $0.321 dividend. This represents a $1.28 annualized dividend and a dividend yield of 1.96%. The ex-dividend date was Thursday, March 23rd.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of VONV. Ancora Advisors LLC increased its stake in shares of Vanguard Russell 1000 Value by 10.1% in the 1st quarter. Ancora Advisors LLC now owns 1,877 shares of the company’s stock worth $125,000 after purchasing an additional 172 shares in the last quarter. Allegiance Financial Group Advisory Services LLC grew its holdings in Vanguard Russell 1000 Value by 0.7% during the first quarter. Allegiance Financial Group Advisory Services LLC now owns 25,863 shares of the company’s stock valued at $1,728,000 after purchasing an additional 173 shares during the period. Roffman Miller Associates Inc. PA grew its holdings in Vanguard Russell 1000 Value by 1.1% during the fourth quarter. Roffman Miller Associates Inc. PA now owns 15,574 shares of the company’s stock valued at $1,037,000 after purchasing an additional 174 shares during the period. Cairn Investment Group Inc. grew its holdings in Vanguard Russell 1000 Value by 0.5% during the fourth quarter. Cairn Investment Group Inc. now owns 34,980 shares of the company’s stock valued at $2,329,000 after purchasing an additional 190 shares during the period. Finally, Steward Partners Investment Advisory LLC grew its holdings in Vanguard Russell 1000 Value by 5.0% during the first quarter. Steward Partners Investment Advisory LLC now owns 4,304 shares of the company’s stock valued at $288,000 after purchasing an additional 205 shares during the period.

Vanguard Russell 1000 Value Company Profile

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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.