Short Interest in Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Grows By 151.4%

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw a large increase in short interest during the month of July. As of July 31st, there was short interest totaling 269,500 shares, anincreaseof151.4% from the July 15th total of 107,200 shares. Based on an average daily trading volume, of 683,400 shares, the short-interest ratio is currently 0.4 days. Currently,0.2% of the company’s stock are short sold. Currently,0.2% of the company’s stock are short sold. Based on an average daily trading volume, of 683,400 shares, the short-interest ratio is currently 0.4 days.

Vanguard Russell 1000 Value ETF Price Performance

Vanguard Russell 1000 Value ETF stock opened at $87.05 on Friday. The firm has a 50-day moving average of $85.51 and a 200-day moving average of $83.15. Vanguard Russell 1000 Value ETF has a one year low of $71.68 and a one year high of $87.97. The company has a market cap of $12.84 billion, a price-to-earnings ratio of 19.46 and a beta of 0.95.

Vanguard Russell 1000 Value ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 24th. Stockholders of record on Friday, June 20th were paid a dividend of $0.4009 per share. The ex-dividend date was Friday, June 20th. This represents a $1.60 annualized dividend and a dividend yield of 1.8%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Bank of America Corp DE lifted its stake in shares of Vanguard Russell 1000 Value ETF by 14.7% during the 2nd quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock worth $2,356,252,000 after buying an additional 3,543,885 shares during the last quarter. LPL Financial LLC grew its stake in shares of Vanguard Russell 1000 Value ETF by 488.3% in the first quarter. LPL Financial LLC now owns 8,977,710 shares of the company’s stock valued at $741,020,000 after acquiring an additional 7,451,591 shares in the last quarter. TIAA Trust National Association grew its stake in shares of Vanguard Russell 1000 Value ETF by 7.0% in the second quarter. TIAA Trust National Association now owns 4,400,842 shares of the company’s stock valued at $374,996,000 after acquiring an additional 288,638 shares in the last quarter. SageView Advisory Group LLC grew its stake in shares of Vanguard Russell 1000 Value ETF by 8.0% in the second quarter. SageView Advisory Group LLC now owns 2,780,136 shares of the company’s stock valued at $241,927,000 after acquiring an additional 205,463 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its stake in shares of Vanguard Russell 1000 Value ETF by 0.8% in the second quarter. Envestnet Asset Management Inc. now owns 2,231,529 shares of the company’s stock valued at $190,149,000 after acquiring an additional 17,177 shares in the last quarter.

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.