Short Interest in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Increases By 307.3%

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw a large growth in short interest during the month of August. As of August 14th, there was short interest totaling 19,153 shares, a growth of 307.3% from the July 30th total of 4,702 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average daily volume of 21,767 shares, the days-to-cover ratio is currently 0.9 days.

Vanguard Russell 2000 Growth ETF Trading Down 1.6%

VTWG traded down $4.55 on Friday, reaching $278.02. The stock had a trading volume of 6,340 shares, compared to its average volume of 22,827. The company has a market capitalization of $1.51 billion, a price-to-earnings ratio of 20.82 and a beta of 1.20. Vanguard Russell 2000 Growth ETF has a fifty-two week low of $218.84 and a fifty-two week high of $289.14. The firm has a 50-day moving average of $280.55 and a 200-day moving average of $263.03.

Vanguard Russell 2000 Growth ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were issued a $0.4245 dividend. The ex-dividend date 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%.

Institutional Inflows and Outflows

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

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.