Short Interest in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Rises By 91.4%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the recipient of a significant increase in short interest in June. As of June 15th, there was short interest totaling 329,104 shares, an increase of 91.4% from the May 31st total of 171,945 shares. Based on an average daily volume of 1,494,948 shares, the short-interest ratio is currently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Vanguard Russell 1000 Growth ETF Stock Down 1.4%

VONG stock traded down $1.80 during trading on Thursday, hitting $124.74. 1,143,078 shares of the company’s stock traded hands, compared to its average volume of 2,557,763. The firm has a market capitalization of $42.54 billion, a P/E ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 1 year low of $105.22 and a 1 year high of $132.94. The business has a fifty day simple moving average of $126.42 and a two-hundred day simple moving average of $120.66.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were issued a $0.1592 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.64 dividend on an annualized basis and a dividend yield of 0.5%. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

A number of hedge funds have recently made changes to their positions in the stock. Bank of America Corp DE grew its stake in Vanguard Russell 1000 Growth ETF by 48.5% in the first quarter. Bank of America Corp DE now owns 76,119,779 shares of the company’s stock valued at $8,349,579,000 after purchasing an additional 24,863,877 shares during the last quarter. Valpey Financial Services LLC lifted its position in shares of Vanguard Russell 1000 Growth ETF by 11,768.8% during the fourth quarter. Valpey Financial Services LLC now owns 1,737,121 shares of the company’s stock valued at $211,494,000 after buying an additional 1,722,485 shares during the last quarter. Jabodon PT Co. bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $177,692,000. Quent Long Short Global Small Cap Fund LP bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $128,233,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 4th quarter worth approximately $123,378,000.

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.