Vanguard Russell 1000 (NASDAQ:VONE) Sees Significant Decrease in Short Interest

Vanguard Russell 1000 (NASDAQ:VONE) was the recipient of a significant drop in short interest in the month of March. As of March 15th, there was short interest totalling 48,300 shares, a drop of 14.2% from the February 28th total of 56,300 shares. Currently, 0.2% of the shares of the company are short sold. Based on an average daily trading volume, of 104,400 shares, the days-to-cover ratio is presently 0.5 days.

Vanguard Russell 1000 Trading Down 4.9 %

Shares of NASDAQ:VONE opened at $244.05 on Friday. The stock has a 50 day moving average of $266.23 and a 200 day moving average of $266.96. The company has a market cap of $5.06 billion, a PE ratio of 24.15 and a beta of 1.02. Vanguard Russell 1000 has a 12-month low of $224.66 and a 12-month high of $279.48.

Vanguard Russell 1000 Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a dividend of $0.7943 per share. This represents a $3.18 dividend on an annualized basis and a dividend yield of 1.30%. The ex-dividend date of this dividend was Tuesday, March 25th.

Institutional Investors Weigh In On Vanguard Russell 1000

A number of institutional investors have recently bought and sold shares of the business. SBI Securities Co. Ltd. bought a new position in shares of Vanguard Russell 1000 in the fourth quarter worth about $27,000. Farther Finance Advisors LLC bought a new position in Vanguard Russell 1000 in the 4th quarter worth approximately $43,000. Assetmark Inc. grew its holdings in Vanguard Russell 1000 by 113.9% during the 4th quarter. Assetmark Inc. now owns 169 shares of the company’s stock valued at $45,000 after buying an additional 90 shares in the last quarter. Synergy Asset Management LLC bought a new stake in shares of Vanguard Russell 1000 during the fourth quarter valued at approximately $47,000. Finally, MCF Advisors LLC purchased a new position in shares of Vanguard Russell 1000 in the fourth quarter worth $64,000.

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.