Vanguard Russell 1000 Value (NASDAQ:VONV) Sees Significant Increase in Short Interest

Vanguard Russell 1000 Value (NASDAQ:VONV) saw a significant growth in short interest in October. As of October 15th, there was short interest totalling 375,800 shares, a growth of 19.7% from the September 30th total of 313,900 shares. Based on an average trading volume of 340,000 shares, the days-to-cover ratio is currently 1.1 days.

Institutional Trading of Vanguard Russell 1000 Value

Large investors have recently bought and sold shares of the company. Park Avenue Securities LLC purchased a new position in shares of Vanguard Russell 1000 Value during the 2nd quarter valued at approximately $588,000. Raymond James & Associates boosted its stake in shares of Vanguard Russell 1000 Value by 12.6% during the 2nd quarter. Raymond James & Associates now owns 753,561 shares of the company’s stock valued at $57,700,000 after buying an additional 84,477 shares during the last quarter. Cetera Investment Advisers boosted its stake in shares of Vanguard Russell 1000 Value by 185.1% during the 1st quarter. Cetera Investment Advisers now owns 288,015 shares of the company’s stock valued at $22,649,000 after buying an additional 186,989 shares during the last quarter. Corundum Group Inc. boosted its stake in shares of Vanguard Russell 1000 Value by 55.4% during the 2nd quarter. Corundum Group Inc. now owns 64,172 shares of the company’s stock valued at $4,914,000 after buying an additional 22,868 shares during the last quarter. Finally, Motive Wealth Advisors purchased a new position in shares of Vanguard Russell 1000 Value during the 1st quarter valued at approximately $780,000.

Vanguard Russell 1000 Value Stock Up 0.6 %

Shares of NASDAQ:VONV opened at $83.53 on Tuesday. Vanguard Russell 1000 Value has a 52-week low of $63.13 and a 52-week high of $85.04. The company has a 50 day moving average of $82.57 and a two-hundred day moving average of $79.19. The company has a market capitalization of $9.48 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95.

Vanguard Russell 1000 Value Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were given a $0.437 dividend. This is an increase from Vanguard Russell 1000 Value’s previous quarterly dividend of $0.39. The ex-dividend date was Thursday, September 26th. This represents a $1.75 annualized dividend and a yield of 2.09%.

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.