Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Short Interest Up 116.7% in June

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 308,159 shares, a growth of 116.7% from the May 31st total of 142,213 shares. Based on an average daily volume of 1,119,831 shares, the days-to-cover ratio is currently 0.3 days. Approximately 0.2% of the company’s stock are short sold.

Institutional Trading of Vanguard Russell 1000 Value ETF

Several hedge funds have recently added to or reduced their stakes in the stock. NewEdge Advisors LLC raised its stake in shares of Vanguard Russell 1000 Value ETF by 1.2% in the first quarter. NewEdge Advisors LLC now owns 92,316 shares of the company’s stock valued at $8,654,000 after buying an additional 1,105 shares during the period. Integrated Investment Consultants LLC grew its stake in shares of Vanguard Russell 1000 Value ETF by 8.2% during the 1st quarter. Integrated Investment Consultants LLC now owns 61,505 shares of the company’s stock worth $5,765,000 after acquiring an additional 4,642 shares during the period. Cozad Asset Management Inc. increased its holdings in Vanguard Russell 1000 Value ETF by 0.9% in the 1st quarter. Cozad Asset Management Inc. now owns 17,870 shares of the company’s stock worth $1,675,000 after acquiring an additional 167 shares during the last quarter. Westshore Wealth LLC increased its holdings in Vanguard Russell 1000 Value ETF by 10.4% in the 1st quarter. Westshore Wealth LLC now owns 41,106 shares of the company’s stock worth $3,853,000 after acquiring an additional 3,876 shares during the last quarter. Finally, Glenmede Trust Co. NA increased its holdings in Vanguard Russell 1000 Value ETF by 11.7% in the 1st quarter. Glenmede Trust Co. NA now owns 58,064 shares of the company’s stock worth $5,443,000 after acquiring an additional 6,094 shares during the last quarter.

Vanguard Russell 1000 Value ETF Stock Up 0.6%

Shares of NASDAQ:VONV opened at $106.94 on Thursday. The stock has a market cap of $19.08 billion, a price-to-earnings ratio of 19.46 and a beta of 0.84. Vanguard Russell 1000 Value ETF has a 12-month low of $84.13 and a 12-month high of $108.02. The business’s 50 day moving average is $103.72 and its 200 day moving average is $98.55.

Vanguard Russell 1000 Value ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were given a dividend of $0.4102 per share. The ex-dividend date of this dividend was Thursday, June 18th. This represents a $1.64 annualized dividend and a dividend yield of 1.5%.

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.