Vanguard Russell 1000 Value (NASDAQ:VONV) Short Interest Down 34.9% in October

Vanguard Russell 1000 Value (NASDAQ:VONV) saw a significant decline in short interest in the month of October. As of October 31st, there was short interest totalling 244,800 shares, a decline of 34.9% from the October 15th total of 375,800 shares. Based on an average daily volume of 355,500 shares, the short-interest ratio is presently 0.7 days.

Vanguard Russell 1000 Value Stock Down 0.6 %

Shares of NASDAQ VONV traded down $0.55 during mid-day trading on Thursday, hitting $85.07. 344,750 shares of the company traded hands, compared to its average volume of 361,882. The business has a 50 day moving average of $83.30 and a two-hundred day moving average of $79.95. The stock has a market capitalization of $9.66 billion, a price-to-earnings ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 1 year low of $67.27 and a 1 year high of $86.57.

Vanguard Russell 1000 Value Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders 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. This represents a $1.75 annualized dividend and a dividend yield of 2.05%. The ex-dividend date was Thursday, September 26th.

Institutional Investors Weigh In On Vanguard Russell 1000 Value

Several hedge funds have recently made changes to their positions in the company. Future Financial Wealth Managment LLC purchased a new stake in shares of Vanguard Russell 1000 Value in the third quarter valued at $25,000. Beacon Capital Management LLC purchased a new stake in Vanguard Russell 1000 Value in the 1st quarter worth about $43,000. International Assets Investment Management LLC acquired a new stake in Vanguard Russell 1000 Value during the 2nd quarter worth about $74,000. Signaturefd LLC grew its stake in Vanguard Russell 1000 Value by 2,014.0% during the 3rd quarter. Signaturefd LLC now owns 1,057 shares of the company’s stock valued at $88,000 after acquiring an additional 1,007 shares in the last quarter. Finally, Princeton Global Asset Management LLC purchased a new stake in shares of Vanguard Russell 1000 Value in the third quarter worth approximately $123,000.

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.