Vanguard Russell 1000 Value (NASDAQ:VONV) Short Interest Update

Vanguard Russell 1000 Value (NASDAQ:VONV) was the target of a large increase in short interest in September. As of September 30th, there was short interest totalling 313,900 shares, an increase of 66.6% from the September 15th total of 188,400 shares. Based on an average daily volume of 311,500 shares, the short-interest ratio is presently 1.0 days.

Vanguard Russell 1000 Value Stock Up 1.2 %

Shares of VONV stock traded up $0.97 during mid-day trading on Friday, reaching $84.03. 190,177 shares of the stock traded hands, compared to its average volume of 350,872. The company has a market cap of $9.54 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. The stock’s fifty day simple moving average is $81.29 and its two-hundred day simple moving average is $78.69. Vanguard Russell 1000 Value has a 1-year low of $62.92 and a 1-year high of $84.07.

Vanguard Russell 1000 Value Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.437 per share. The ex-dividend date of this dividend was Thursday, September 26th. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. This represents a $1.75 annualized dividend and a yield of 2.08%.

Hedge Funds Weigh In On Vanguard Russell 1000 Value

Several institutional investors and hedge funds have recently added to or reduced their stakes in VONV. TIAA Trust National Association grew its stake in shares of Vanguard Russell 1000 Value by 3.9% in the second quarter. TIAA Trust National Association now owns 3,793,357 shares of the company’s stock worth $290,457,000 after purchasing an additional 142,895 shares during the last quarter. Commonwealth Equity Services LLC grew its position in shares of Vanguard Russell 1000 Value by 13.4% in the 2nd quarter. Commonwealth Equity Services LLC now owns 1,264,952 shares of the company’s stock valued at $96,857,000 after buying an additional 149,680 shares during the last quarter. LPL Financial LLC increased its stake in shares of Vanguard Russell 1000 Value by 4.4% in the second quarter. LPL Financial LLC now owns 1,207,687 shares of the company’s stock valued at $92,473,000 after buying an additional 50,753 shares during the period. Truist Financial Corp increased its stake in shares of Vanguard Russell 1000 Value by 2.1% in the second quarter. Truist Financial Corp now owns 1,043,887 shares of the company’s stock valued at $79,930,000 after buying an additional 21,238 shares during the period. Finally, Raymond James & Associates lifted its stake in shares of Vanguard Russell 1000 Value by 12.6% in the second quarter. Raymond James & Associates now owns 753,561 shares of the company’s stock worth $57,700,000 after acquiring an additional 84,477 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.