Vanguard Russell 1000 (NASDAQ:VONE) Short Interest Update

Vanguard Russell 1000 (NASDAQ:VONE) was the target of a large increase in short interest in the month of June. As of June 15th, there was short interest totalling 26,900 shares, an increase of 120.5% from the May 31st total of 12,200 shares. Based on an average daily trading volume, of 57,200 shares, the days-to-cover ratio is currently 0.5 days.

Vanguard Russell 1000 Trading Down 0.4 %

VONE stock traded down $0.98 during trading on Friday, reaching $246.07. 32,952 shares of the stock were exchanged, compared to its average volume of 64,624. The firm’s 50 day moving average is $239.38 and its 200 day moving average is $230.79. Vanguard Russell 1000 has a twelve month low of $185.74 and a twelve month high of $248.75. The firm has a market cap of $4.88 billion, a P/E ratio of 24.78 and a beta of 1.02.

Vanguard Russell 1000 Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 27th will be paid a dividend of $0.814 per share. This is an increase from Vanguard Russell 1000’s previous quarterly dividend of $0.72. This represents a $3.26 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Thursday, June 27th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VONE. Jones Financial Companies Lllp raised its stake in Vanguard Russell 1000 by 31.4% during the 3rd quarter. Jones Financial Companies Lllp now owns 8,490 shares of the company’s stock worth $1,653,000 after buying an additional 2,030 shares during the period. Glenmede Trust Co. NA bought a new stake in Vanguard Russell 1000 during the 3rd quarter worth approximately $979,000. Ameriprise Financial Inc. increased its holdings in Vanguard Russell 1000 by 1.5% during the 3rd quarter. Ameriprise Financial Inc. now owns 769,216 shares of the company’s stock worth $149,738,000 after purchasing an additional 11,012 shares in the last quarter. Financial Gravity Asset Management Inc. increased its holdings in Vanguard Russell 1000 by 1,800.0% during the 3rd quarter. Financial Gravity Asset Management Inc. now owns 2,071 shares of the company’s stock worth $379,000 after purchasing an additional 1,962 shares in the last quarter. Finally, Creative Planning increased its holdings in Vanguard Russell 1000 by 2.1% during the 3rd quarter. Creative Planning now owns 29,940 shares of the company’s stock worth $5,828,000 after purchasing an additional 605 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.