Vanguard Russell 1000 Value ETF (NASDAQ:VONV) Short Interest Up 137.6% in April

Vanguard Russell 1000 Value ETF (NASDAQ:VONV) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 487,753 shares, a growth of 137.6% from the March 31st total of 205,269 shares. Based on an average daily volume of 736,505 shares, the short-interest ratio is currently 0.7 days. Currently, 0.3% of the shares of the stock are short sold.

Vanguard Russell 1000 Value ETF Stock Performance

Shares of NASDAQ VONV opened at $99.88 on Monday. Vanguard Russell 1000 Value ETF has a 52 week low of $78.41 and a 52 week high of $100.21. The stock has a market capitalization of $17.82 billion, a P/E ratio of 19.46 and a beta of 0.85. The stock’s fifty day moving average is $96.59 and its 200 day moving average is $94.07.

Vanguard Russell 1000 Value ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were given a $0.4117 dividend. The ex-dividend date was Tuesday, March 24th. This represents a $1.65 dividend on an annualized basis and a dividend yield of 1.6%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of VONV. Wellington Management Group LLP increased its position in shares of Vanguard Russell 1000 Value ETF by 1,284.2% in the third quarter. Wellington Management Group LLP now owns 5,275,187 shares of the company’s stock worth $471,443,000 after purchasing an additional 4,894,074 shares during the period. Bank of America Corp DE increased its position in shares of Vanguard Russell 1000 Value ETF by 14.7% in the second quarter. Bank of America Corp DE now owns 27,652,296 shares of the company’s stock worth $2,356,252,000 after purchasing an additional 3,543,885 shares during the period. Valpey Financial Services LLC increased its position in shares of Vanguard Russell 1000 Value ETF by 9,192.2% in the fourth quarter. Valpey Financial Services LLC now owns 3,458,565 shares of the company’s stock worth $319,226,000 after purchasing an additional 3,421,345 shares during the period. Phoenix Financial Ltd. bought a new position in shares of Vanguard Russell 1000 Value ETF in the third quarter worth $259,530,000. Finally, Goldman Sachs Group Inc. grew its position in Vanguard Russell 1000 Value ETF by 227.9% in the fourth quarter. Goldman Sachs Group Inc. now owns 2,684,203 shares of the company’s stock valued at $247,752,000 after acquiring an additional 1,865,509 shares during the last quarter.

About Vanguard Russell 1000 Value ETF

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.