Short Interest in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Decreases By 70.1%

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 5,728 shares, a drop of 70.1% from the August 15th total of 19,153 shares. Based on an average trading volume of 19,467 shares, the days-to-cover ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Private Advisor Group LLC grew its stake in Vanguard Russell 2000 Growth ETF by 421.4% during the first quarter. Private Advisor Group LLC now owns 71,395 shares of the company’s stock worth $16,352,000 after purchasing an additional 57,703 shares during the period. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Russell 2000 Growth ETF by 1,425.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 51,055 shares of the company’s stock valued at $12,048,000 after buying an additional 47,708 shares during the period. Nvest Financial LLC lifted its stake in Vanguard Russell 2000 Growth ETF by 746.0% in the first quarter. Nvest Financial LLC now owns 24,847 shares of the company’s stock valued at $5,691,000 after buying an additional 21,910 shares during the period. Virtue Capital Management LLC lifted its stake in Vanguard Russell 2000 Growth ETF by 627.8% in the fourth quarter. Virtue Capital Management LLC now owns 24,113 shares of the company’s stock valued at $5,761,000 after buying an additional 20,800 shares during the period. Finally, Brandywine Asset Management Inc. bought a new position in shares of Vanguard Russell 2000 Growth ETF during the 4th quarter worth approximately $4,475,000.

Vanguard Russell 2000 Growth ETF Price Performance

Vanguard Russell 2000 Growth ETF stock opened at $268.40 on Friday. The stock’s 50 day moving average is $278.09 and its 200 day moving average is $264.99. Vanguard Russell 2000 Growth ETF has a one year low of $218.84 and a one year high of $289.14. The firm has a market cap of $1.46 billion, a P/E ratio of 20.82 and a beta of 1.20.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.