Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Large Increase in Short Interest

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 357,500 shares, an increase of 98.0% from the August 31st total of 180,600 shares. Based on an average daily trading volume, of 846,900 shares, the days-to-cover ratio is currently 0.4 days. Based on an average daily trading volume, of 846,900 shares, the days-to-cover ratio is currently 0.4 days.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

Large investors have recently modified their holdings of the business. Advantage Trust Co purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at approximately $29,000. Greykasell Wealth Strategies Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter worth $35,000. ORG Wealth Partners LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 1,671.4% during the 2nd quarter. ORG Wealth Partners LLC now owns 372 shares of the company’s stock worth $40,000 after purchasing an additional 351 shares during the period. Proathlete Wealth Management LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at about $35,000. Finally, Angeles Wealth Management LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at about $42,000.

Vanguard Russell 1000 Growth ETF Stock Down 0.4%

Shares of NASDAQ:VONG opened at $120.92 on Friday. The company has a market cap of $33.03 billion, a price-to-earnings ratio of 33.25 and a beta of 1.08. The firm’s 50-day simple moving average is $116.39 and its 200-day simple moving average is $105.94. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $79.39 and a fifty-two week high of $121.89.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Shareholders of record on Wednesday, September 24th were issued a $0.1419 dividend. The ex-dividend date of this dividend was Wednesday, September 24th. This represents a $0.57 dividend on an annualized basis and a yield of 0.5%. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13.

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.