Short Interest in Vanguard Russell 1000 (NASDAQ:VONE) Declines By 14.2%

Vanguard Russell 1000 (NASDAQ:VONE) saw 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. Approximately 0.2% of the company’s shares are sold short. Based on an average daily volume of 104,400 shares, the short-interest ratio is presently 0.5 days.

Vanguard Russell 1000 Price Performance

Shares of Vanguard Russell 1000 stock opened at $256.56 on Thursday. The company has a market capitalization of $5.38 billion, a P/E ratio of 24.15 and a beta of 1.03. The business has a 50-day moving average of $266.90 and a two-hundred day moving average of $267.12. Vanguard Russell 1000 has a 1 year low of $224.66 and a 1 year high of $279.48.

Vanguard Russell 1000 Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.7943 per share. This represents a $3.18 annualized dividend and a dividend yield of 1.24%. The ex-dividend date was Tuesday, March 25th.

Hedge Funds Weigh In On Vanguard Russell 1000

A number of large investors have recently added to or reduced their stakes in VONE. Raymond James Financial Inc. bought a new stake in Vanguard Russell 1000 in the 4th quarter valued at approximately $72,938,000. Bank of America Corp DE lifted its position in shares of Vanguard Russell 1000 by 63.9% in the fourth quarter. Bank of America Corp DE now owns 639,300 shares of the company’s stock worth $170,514,000 after purchasing an additional 249,163 shares in the last quarter. Strategic Financial Concepts LLC bought a new stake in shares of Vanguard Russell 1000 in the fourth quarter worth $59,823,000. Wells Fargo & Company MN boosted its holdings in Vanguard Russell 1000 by 36.0% during the fourth quarter. Wells Fargo & Company MN now owns 226,226 shares of the company’s stock worth $60,339,000 after purchasing an additional 59,898 shares during the last quarter. Finally, Rialto Wealth Management LLC bought a new position in Vanguard Russell 1000 in the fourth quarter valued at $9,654,000.

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.