Short Interest in Vanguard Russell 1000 (NASDAQ:VONE) Drops By 24.5%

Vanguard Russell 1000 (NASDAQ:VONE) saw a significant drop in short interest in the month of October. As of October 15th, there was short interest totalling 20,600 shares, a drop of 24.5% from the September 30th total of 27,300 shares. Based on an average daily volume of 59,300 shares, the short-interest ratio is presently 0.3 days.

Vanguard Russell 1000 Price Performance

VONE traded down $0.18 during mid-day trading on Friday, hitting $262.58. The stock had a trading volume of 23,508 shares, compared to its average volume of 61,920. The stock’s fifty day simple moving average is $257.12 and its 200-day simple moving average is $246.99. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of 24.78 and a beta of 1.02. Vanguard Russell 1000 has a 1-year low of $185.74 and a 1-year high of $265.76.

Vanguard Russell 1000 Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a $0.824 dividend. The ex-dividend date was Thursday, September 26th. This is a positive change from Vanguard Russell 1000’s previous quarterly dividend of $0.81. This represents a $3.30 annualized dividend and a yield of 1.26%.

Institutional Investors Weigh In On Vanguard Russell 1000

Several hedge funds have recently bought and sold shares of VONE. PNC Financial Services Group Inc. acquired a new stake in Vanguard Russell 1000 in the fourth quarter worth $108,000. Park Avenue Securities LLC increased its position in shares of Vanguard Russell 1000 by 3.9% during the first quarter. Park Avenue Securities LLC now owns 2,093 shares of the company’s stock worth $499,000 after acquiring an additional 78 shares in the last quarter. Choreo LLC increased its position in shares of Vanguard Russell 1000 by 42.4% during the first quarter. Choreo LLC now owns 30,582 shares of the company’s stock worth $7,288,000 after acquiring an additional 9,111 shares in the last quarter. Geneos Wealth Management Inc. bought a new stake in shares of Vanguard Russell 1000 during the first quarter worth $35,000. Finally, Envestnet Portfolio Solutions Inc. increased its position in shares of Vanguard Russell 1000 by 7.8% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 15,355 shares of the company’s stock worth $3,659,000 after acquiring an additional 1,114 shares in the last quarter.

About Vanguard Russell 1000

The Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund that is based on the Russell 1000 index, a market-cap-weighted index of the 1000 largest US companies. VONE was launched on Sep 20, 2010 and is managed by Vanguard.