Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Significant Decrease in Short Interest

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the recipient of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 422,100 shares, a decrease of 37.5% from the September 30th total of 675,800 shares. Based on an average daily volume of 755,300 shares, the days-to-cover ratio is presently 0.6 days.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

Institutional investors have recently added to or reduced their stakes in the business. J.W. Cole Advisors Inc. increased its stake in Vanguard Russell 1000 Growth ETF by 16.0% in the first quarter. J.W. Cole Advisors Inc. now owns 12,476 shares of the company’s stock valued at $1,081,000 after purchasing an additional 1,718 shares during the last quarter. GSA Capital Partners LLP increased its stake in Vanguard Russell 1000 Growth ETF by 17.0% during the first quarter. GSA Capital Partners LLP now owns 6,200 shares of the company’s stock worth $537,000 after acquiring an additional 900 shares during the last quarter. Quent Capital LLC increased its stake in Vanguard Russell 1000 Growth ETF by 7.7% during the first quarter. Quent Capital LLC now owns 1,195,119 shares of the company’s stock worth $103,581,000 after acquiring an additional 85,945 shares during the last quarter. Blair William & Co. IL increased its stake in Vanguard Russell 1000 Growth ETF by 81.6% during the first quarter. Blair William & Co. IL now owns 4,617 shares of the company’s stock worth $400,000 after acquiring an additional 2,074 shares during the last quarter. Finally, Strategic Investment Solutions Inc. IL acquired a new stake in Vanguard Russell 1000 Growth ETF during the second quarter worth about $62,000.

Vanguard Russell 1000 Growth ETF Trading Up 0.5 %

Vanguard Russell 1000 Growth ETF stock opened at $98.61 on Friday. The firm has a market capitalization of $22.98 billion, a P/E ratio of 36.74 and a beta of 1.08. The stock has a fifty day moving average price of $95.28 and a 200 day moving average price of $91.79. Vanguard Russell 1000 Growth ETF has a 52 week low of $65.85 and a 52 week high of $99.38.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a $0.139 dividend. The ex-dividend date was Thursday, September 26th. This represents a $0.56 annualized dividend and a yield of 0.56%.

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.