Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Significant Decrease in Short Interest

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 187,400 shares, a decline of 73.4% from the January 31st total of 703,600 shares. Based on an average trading volume of 1,039,500 shares, the days-to-cover ratio is presently 0.2 days.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of NASDAQ VONG traded up $1.65 during midday trading on Friday, reaching $101.48. 1,093,035 shares of the company traded hands, compared to its average volume of 842,186. The company has a market cap of $24.61 billion, a price-to-earnings ratio of 36.54 and a beta of 1.08. The stock has a 50-day moving average price of $104.92 and a 200 day moving average price of $100.61. Vanguard Russell 1000 Growth ETF has a 52 week low of $81.08 and a 52 week high of $107.97.

Vanguard Russell 1000 Growth ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Thursday, December 26th. Investors of record on Monday, December 23rd were paid a dividend of $0.1378 per share. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Carolinas Wealth Consulting LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 1.0% in the 4th quarter. Carolinas Wealth Consulting LLC now owns 480,751 shares of the company’s stock worth $49,662,000 after acquiring an additional 4,717 shares during the last quarter. Capital A Wealth Management LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at $316,000. Shufro Rose & Co. LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the 4th quarter worth about $241,000. Integrated Advisors Network LLC increased its stake in Vanguard Russell 1000 Growth ETF by 11.6% in the 4th quarter. Integrated Advisors Network LLC now owns 2,945 shares of the company’s stock worth $304,000 after purchasing an additional 305 shares in the last quarter. Finally, Vermillion Wealth Management Inc. acquired a new stake in Vanguard Russell 1000 Growth ETF during the 4th quarter worth about $65,000.

About Vanguard Russell 1000 Growth ETF

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.