Short Interest in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Drops By 36.1%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a significant decrease in short interest during the month of July. As of July 31st, there was short interest totaling 177,386 shares, a decrease of 36.1% from the July 15th total of 277,680 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 1,363,764 shares, the days-to-cover ratio is currently 0.1 days.

Vanguard Russell 1000 Growth ETF Stock Down 0.2%

Shares of Vanguard Russell 1000 Growth ETF stock traded down $0.21 during trading on Wednesday, hitting $126.49. 269,856 shares of the company were exchanged, compared to its average volume of 2,237,985. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $105.22 and a fifty-two week high of $132.94. The stock has a market capitalization of $44.42 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The firm has a 50 day moving average price of $125.19 and a 200 day moving average price of $121.52.

Vanguard Russell 1000 Growth ETF Increases Dividend

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

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

Institutional investors have recently made changes to their positions in the stock. Asset Management One Co. Ltd. lifted its holdings in Vanguard Russell 1000 Growth ETF by 19.0% in the fourth quarter. Asset Management One Co. Ltd. now owns 526 shares of the company’s stock valued at $65,000 after buying an additional 84 shares during the period. Wealthfront Advisers LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 3.6% during the first quarter. Wealthfront Advisers LLC now owns 2,587 shares of the company’s stock worth $284,000 after purchasing an additional 89 shares during the period. Cedar Point Capital Partners LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 3.5% during the fourth quarter. Cedar Point Capital Partners LLC now owns 2,811 shares of the company’s stock worth $342,000 after purchasing an additional 96 shares during the period. Evolution Wealth Management Inc. increased its holdings in Vanguard Russell 1000 Growth ETF by 11.0% in the first quarter. Evolution Wealth Management Inc. now owns 976 shares of the company’s stock valued at $107,000 after purchasing an additional 97 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in Vanguard Russell 1000 Growth ETF by 2.9% in the third quarter. Franklin Resources Inc. now owns 3,542 shares of the company’s stock valued at $427,000 after purchasing an additional 100 shares during the last quarter.

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.