Short Interest in Vanguard Russell 1000 Value (NASDAQ:VONV) Declines By 23.5%

Vanguard Russell 1000 Value (NASDAQ:VONV) was the target of a large decrease in short interest in the month of January. As of January 15th, there was short interest totalling 488,600 shares, a decrease of 23.5% from the December 31st total of 638,700 shares. Based on an average daily volume of 556,600 shares, the days-to-cover ratio is presently 0.9 days.

Vanguard Russell 1000 Value Stock Performance

Shares of NASDAQ VONV opened at $85.59 on Friday. The company has a market cap of $10.45 billion, a P/E ratio of 17.49 and a beta of 0.95. Vanguard Russell 1000 Value has a 52-week low of $72.12 and a 52-week high of $87.97. The firm’s fifty day moving average is $83.90 and its two-hundred day moving average is $82.62.

Vanguard Russell 1000 Value Dividend Announcement

The company also recently announced a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were issued a $0.437 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Vanguard Russell 1000 Value

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC purchased a new stake in shares of Vanguard Russell 1000 Value during the 4th quarter worth approximately $8,272,000. Principal Securities Inc. purchased a new stake in Vanguard Russell 1000 Value during the fourth quarter valued at $202,000. Kanawha Capital Management LLC lifted its position in Vanguard Russell 1000 Value by 7.4% during the fourth quarter. Kanawha Capital Management LLC now owns 51,536 shares of the company’s stock valued at $4,187,000 after purchasing an additional 3,553 shares during the last quarter. Coho Partners Ltd. purchased a new position in shares of Vanguard Russell 1000 Value in the 4th quarter worth $315,000. Finally, Bogart Wealth LLC increased its holdings in shares of Vanguard Russell 1000 Value by 37.6% in the 4th quarter. Bogart Wealth LLC now owns 772 shares of the company’s stock worth $63,000 after buying an additional 211 shares during the last quarter.

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.