Vanguard Russell 1000 (NASDAQ:VONE) Sees 24.5% Decrease in Short Interest

The Vanguard Russell 1000 (NASDAQ:VONE - Get Free Report) experienced a notable decline in short interest during October. As of October 15th, the short interest amounted to 20,600 shares, reflecting a decrease of 24.5% from the September 30th count of 27,300 shares. With an average daily trading volume of 59,300 shares, the current short-interest ratio stands at 0.3 days.

Institutional Investors Adjust Their Positions

Several significant investors have recently updated their positions in VONE. Waverly Advisors LLC increased its stake in Vanguard Russell 1000 by 24.3% during the first quarter, now holding 350,980 shares valued at approximately $83.6 million after acquiring an additional 68,551 shares. Similarly, Hilltop Partners LLC raised its holdings by 6.6% in the second quarter, owning 294,774 shares worth around $72.5 million after purchasing 18,157 additional shares. Flower City Capital also increased its position by 5.2% in the second quarter and now possesses 203,344 shares valued at $50.2 million after an addition of 10,101 shares. Furthermore, Raymond James Financial Services Advisors Inc. and Raymond James & Associates lifted their holdings by 1.7% and 3.8% respectively during the same period, now owning 180,088 shares valued at $44.3 million and 168,471 shares valued at $41.5 million.

Vanguard Russell 1000 Stock Performance

On Friday, VONE shares traded down by $0.18, reaching a price of $262.58, with 23,508 shares exchanged compared to its average volume of 61,920 shares. The stock's fifty-two week low is $185.74, while the high stands at $265.76. Its fifty-day moving average is $257.12, and the two-hundred day moving average is $246.99. Vanguard Russell 1000 has a market capitalization of $5.22 billion, a price-to-earnings ratio of 24.78, and a beta of 1.02.

Dividend Announcement from Vanguard Russell 1000

The company has also declared a quarterly dividend, which was distributed on Monday, September 30th. Shareholders on record as of Thursday, September 26th, received a dividend of $0.824 per share. This represents an annualized dividend of $3.30, resulting in a dividend yield of 1.26%, an increase from the previous quarterly dividend of $0.81. The ex-dividend date was September 26th.

Understanding Vanguard Russell 1000

The Vanguard Russell 1000 ETF (VONE) is an exchange-traded fund that tracks the Russell 1000 index, which includes the 1000 largest publicly traded companies in the United States, weighted by market capitalization. VONE was launched on September 20, 2010, and is managed by Vanguard.

Conclusion

In summary, the recent decrease in short interest for Vanguard Russell 1000 shows a shift in investor sentiment, while institutional holdings reflect confidence in the ETF's potential. With stable performance and a recent increase in dividends, VONE remains a notable consideration for investors.

Vanguard, Stocks, Investors