Short Interest in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Increases By 83.1%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totalling 675,800 shares, a growth of 83.1% from the September 15th total of 369,000 shares. Based on an average daily volume of 782,300 shares, the days-to-cover ratio is presently 0.9 days.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of Vanguard Russell 1000 Growth ETF stock traded up $0.23 on Friday, hitting $97.82. 456,610 shares of the company traded hands, compared to its average volume of 827,414. Vanguard Russell 1000 Growth ETF has a 52 week low of $65.85 and a 52 week high of $98.46. The business has a 50-day simple moving average of $93.50 and a 200 day simple moving average of $90.99. The stock has a market capitalization of $22.79 billion, a P/E ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were paid a $0.139 dividend. This represents a $0.56 annualized dividend and a yield of 0.57%. The ex-dividend date was Thursday, September 26th.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. RFG Advisory LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the first quarter worth about $1,540,000. Park Avenue Securities LLC raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 70.2% during the 1st quarter. Park Avenue Securities LLC now owns 14,761 shares of the company’s stock worth $1,279,000 after acquiring an additional 6,089 shares in the last quarter. J.W. Cole Advisors Inc. boosted its position in shares of Vanguard Russell 1000 Growth ETF by 16.0% during the 1st quarter. J.W. Cole Advisors Inc. now owns 12,476 shares of the company’s stock valued at $1,081,000 after acquiring an additional 1,718 shares during the last quarter. Charles Schwab Trust Co bought a new stake in Vanguard Russell 1000 Growth ETF in the first quarter worth $355,000. Finally, GSA Capital Partners LLP raised its stake in Vanguard Russell 1000 Growth ETF by 17.0% during the first quarter. GSA Capital Partners LLP now owns 6,200 shares of the company’s stock valued at $537,000 after purchasing an additional 900 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Company Profile

The Vanguard Russell 1000 Growth ETF (VONG) is an exchange-traded fund that is based on the Russell 1000 Growth index. The fund tracks an index of US large- and mid-cap stocks selected from the Russell 1000 Index with high growth characteristics, based on Russell’s style methodology. VONG was launched on Sep 20, 2010 and is managed by Vanguard.