Short Interest in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Declines By 63.1%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the recipient of a large decline in short interest in May. As of May 29th, there was short interest totaling 171,945 shares, a decline of 63.1% from the May 14th total of 465,565 shares. Based on an average daily volume of 1,394,137 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company’s shares are sold short.

Vanguard Russell 1000 Growth ETF Price Performance

NASDAQ VONG traded up $0.13 on Friday, hitting $125.20. 1,110,579 shares of the stock were exchanged, compared to its average volume of 2,698,968. Vanguard Russell 1000 Growth ETF has a 52-week low of $103.39 and a 52-week high of $132.94. The company has a market capitalization of $42.70 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The company’s 50-day moving average price is $123.99 and its two-hundred day moving average price is $120.41.

Vanguard Russell 1000 Growth ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were given a dividend of $0.1418 per share. This represents a $0.57 annualized dividend and a yield of 0.5%. The ex-dividend date was Tuesday, March 24th. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in VONG. Investment Research & Advisory Group Inc. purchased a new position in Vanguard Russell 1000 Growth ETF during the 4th quarter worth approximately $25,000. Glen Eagle Advisors LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $25,000. Triumph Capital Management grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 208.6% during the 4th quarter. Triumph Capital Management now owns 216 shares of the company’s stock valued at $26,000 after acquiring an additional 146 shares in the last quarter. Harbor Investment Advisory LLC grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 334.4% during the 1st quarter. Harbor Investment Advisory LLC now owns 278 shares of the company’s stock valued at $30,000 after acquiring an additional 214 shares in the last quarter. Finally, Founders Financial Alliance LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter valued at $32,000.

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.