Short Interest in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Declines By 28.3%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the recipient of a large decrease in short interest during the month of August. As of August 15th, there was short interest totalling 572,300 shares, a decrease of 28.3% from the July 31st total of 798,700 shares. Based on an average daily volume of 838,800 shares, the days-to-cover ratio is currently 0.7 days.

Vanguard Russell 1000 Growth ETF Stock Down 0.1 %

Shares of Vanguard Russell 1000 Growth ETF stock traded down $0.07 during trading on Friday, hitting $93.04. 230,887 shares of the stock traded hands, compared to its average volume of 832,238. The stock has a market cap of $20.81 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. The firm’s fifty day moving average is $93.19 and its 200-day moving average is $88.93. Vanguard Russell 1000 Growth ETF has a 52 week low of $65.85 and a 52 week high of $98.46.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, July 1st. Investors of record on Thursday, June 27th were given a dividend of $0.141 per share. The ex-dividend date was Thursday, June 27th. This represents a $0.56 annualized dividend and a yield of 0.61%.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of VONG. Deane Retirement Strategies Inc. bought a new position in Vanguard Russell 1000 Growth ETF during the 1st quarter worth approximately $26,000. Abound Wealth Management bought a new position in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $27,000. Rothschild Investment LLC bought a new position in Vanguard Russell 1000 Growth ETF during the 2nd quarter worth approximately $31,000. YHB Investment Advisors Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF in the 1st quarter worth approximately $35,000. Finally, Stuart Chaussee & Associates Inc. purchased a new stake in Vanguard Russell 1000 Growth ETF in the 1st quarter worth approximately $35,000.

About Vanguard Russell 1000 Growth ETF

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.