Short Interest in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Expands By 31.0%

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) was the recipient of a large growth in short interest during the month of December. As of December 15th, there was short interest totaling 131,348 shares, a growth of 31.0% from the November 30th total of 100,295 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average trading volume of 795,854 shares, the days-to-cover ratio is presently 0.2 days. Based on an average trading volume of 795,854 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VONV. Pinnacle Financial Partners Inc lifted its holdings in 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 buying an additional 132 shares in the last quarter. Cozad Asset Management Inc. increased its position in shares of Vanguard Russell 1000 Value ETF by 1.4% during the third quarter. Cozad Asset Management Inc. now owns 16,506 shares of the company’s stock worth $1,475,000 after acquiring an additional 227 shares during the period. Russell Investments Group Ltd. raised its stake in shares of Vanguard Russell 1000 Value ETF by 42.6% during the third quarter. Russell Investments Group Ltd. now owns 800 shares of the company’s stock valued at $71,000 after acquiring an additional 239 shares in the last quarter. Modera Wealth Management LLC raised its stake in shares of Vanguard Russell 1000 Value ETF by 0.7% during the third quarter. Modera Wealth Management LLC now owns 35,560 shares of the company’s stock valued at $3,178,000 after acquiring an additional 255 shares in the last quarter. Finally, CreativeOne Wealth LLC boosted its holdings in shares of Vanguard Russell 1000 Value ETF by 3.1% in the third quarter. CreativeOne Wealth LLC now owns 8,730 shares of the company’s stock valued at $780,000 after purchasing an additional 260 shares during the period.

Vanguard Russell 1000 Value ETF Stock Down 0.2%

Shares of VONV opened at $93.07 on Tuesday. The business has a fifty day moving average of $91.07 and a 200 day moving average of $88.57. The company has a market cap of $14.63 billion, a PE ratio of 19.46 and a beta of 0.89. Vanguard Russell 1000 Value ETF has a 52-week low of $71.68 and a 52-week high of $93.69.

Vanguard Russell 1000 Value ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Monday, December 22nd were paid a dividend of $0.4916 per share. This represents a $1.97 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date of this dividend was Monday, December 22nd.

Vanguard Russell 1000 Value ETF Company Profile

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.