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

Vanguard Russell 1000 Value (NASDAQ:VONV) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 188,400 shares, a growth of 23.9% from the August 31st total of 152,100 shares. Based on an average daily volume of 314,200 shares, the days-to-cover ratio is presently 0.6 days.

Vanguard Russell 1000 Value Stock Performance

Shares of NASDAQ:VONV opened at $83.07 on Monday. The firm has a market cap of $9.20 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. The firm has a fifty day moving average price of $80.55 and a 200 day moving average price of $78.27. Vanguard Russell 1000 Value has a fifty-two week low of $62.92 and a fifty-two week high of $83.53.

Vanguard Russell 1000 Value Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 26th will be given a dividend of $0.437 per share. This is a positive change from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. The ex-dividend date is Thursday, September 26th. This represents a $1.75 dividend on an annualized basis and a dividend yield of 2.10%.

Hedge Funds Weigh In On Vanguard Russell 1000 Value

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Brightwater Advisory LLC bought a new stake in Vanguard Russell 1000 Value in the second quarter worth $526,000. Sanctuary Advisors LLC purchased a new stake in Vanguard Russell 1000 Value during the second quarter valued at approximately $4,518,000. Truist Financial Corp lifted its stake in shares of Vanguard Russell 1000 Value by 2.1% in the 2nd quarter. Truist Financial Corp now owns 1,043,887 shares of the company’s stock valued at $79,930,000 after purchasing an additional 21,238 shares during the last quarter. Wellington Wealth Strategies LLC. increased its position in shares of Vanguard Russell 1000 Value by 78.2% during the 2nd quarter. Wellington Wealth Strategies LLC. now owns 4,917 shares of the company’s stock valued at $376,000 after purchasing an additional 2,158 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in Vanguard Russell 1000 Value by 2.6% during the 2nd quarter. NewEdge Advisors LLC now owns 78,297 shares of the company’s stock valued at $5,995,000 after buying an additional 1,992 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.