Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Large Drop in Short Interest

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw a large decline in short interest during the month of June. As of June 30th, there was short interest totaling 5,075 shares, a decline of 87.2% from the June 15th total of 39,596 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average daily trading volume, of 28,181 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of VTWG. Arlington Trust Co LLC acquired a new position in Vanguard Russell 2000 Growth ETF in the second quarter valued at $80,000. NewEdge Advisors LLC raised its holdings in shares of Vanguard Russell 2000 Growth ETF by 2.1% in the first quarter. NewEdge Advisors LLC now owns 3,804 shares of the company’s stock valued at $871,000 after buying an additional 80 shares during the last quarter. Western Wealth Management LLC acquired a new stake in Vanguard Russell 2000 Growth ETF during the 1st quarter worth approximately $44,000. Royal Bank of Canada increased its holdings in shares of Vanguard Russell 2000 Growth ETF by 60.3% in the first quarter. Royal Bank of Canada now owns 28,675 shares of the company’s stock valued at $6,568,000 after purchasing an additional 10,790 shares during the period. Finally, Quantinno Capital Management LP increased its stake in Vanguard Russell 2000 Growth ETF by 44.9% in the 1st quarter. Quantinno Capital Management LP now owns 1,884 shares of the company’s stock valued at $432,000 after buying an additional 584 shares during the period.

Vanguard Russell 2000 Growth ETF Price Performance

Shares of VTWG traded down $4.76 during mid-day trading on Monday, reaching $276.31. The company’s stock had a trading volume of 8,436 shares, compared to its average volume of 23,670. Vanguard Russell 2000 Growth ETF has a 12-month low of $205.16 and a 12-month high of $289.14. The stock has a market cap of $1.50 billion, a PE ratio of 20.82 and a beta of 1.19. The company’s 50 day moving average is $275.93 and its 200 day moving average is $255.43.

Vanguard Russell 2000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a dividend of $0.4245 per share. The ex-dividend date of this dividend was Thursday, June 18th. This is an increase from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32. This represents a $1.70 dividend on an annualized basis and a yield of 0.6%.

Vanguard Russell 2000 Growth ETF Company Profile

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.