Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Short Interest Update

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a large growth in short interest during 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 trading volume, of 782,300 shares, the days-to-cover ratio is currently 0.9 days.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

A number of hedge funds have recently modified their holdings of the stock. RFG Advisory LLC purchased a new stake in Vanguard Russell 1000 Growth ETF in the first quarter worth $1,540,000. Park Avenue Securities LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 70.2% in 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 during the last quarter. J.W. Cole Advisors Inc. raised its stake in Vanguard Russell 1000 Growth ETF by 16.0% in 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 period. Charles Schwab Trust Co purchased a new stake in Vanguard Russell 1000 Growth ETF during the first quarter valued at about $355,000. Finally, GSA Capital Partners LLP boosted its position 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 worth $537,000 after purchasing an additional 900 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Up 0.2 %

VONG traded up $0.23 during trading 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 one year low of $65.85 and a one year high of $98.46. The stock’s fifty day moving average is $93.50 and its 200 day moving average is $90.99. The firm has a market cap 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 announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were given a dividend of $0.139 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.57%. The ex-dividend date was Thursday, September 26th.

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.