Short Interest in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Declines By 73.4%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a significant drop in short interest during the month of February. As of February 15th, there was short interest totalling 187,400 shares, a drop of 73.4% from the January 31st total of 703,600 shares. Based on an average trading volume of 1,039,500 shares, the short-interest ratio is presently 0.2 days.

Vanguard Russell 1000 Growth ETF Trading Up 1.7 %

Shares of VONG stock opened at $101.48 on Friday. The company has a market capitalization of $24.61 billion, a price-to-earnings ratio of 36.54 and a beta of 1.08. The firm has a 50-day moving average price of $104.92 and a 200 day moving average price of $100.55. Vanguard Russell 1000 Growth ETF has a twelve month low of $81.08 and a twelve month high of $107.97.

Vanguard Russell 1000 Growth ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Thursday, December 26th. Stockholders of record on Monday, December 23rd were given a $0.1378 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

Several institutional investors and hedge funds have recently modified their holdings of the company. LPL Financial LLC raised its holdings in Vanguard Russell 1000 Growth ETF by 6.8% in the 4th quarter. LPL Financial LLC now owns 5,525,452 shares of the company’s stock valued at $570,779,000 after acquiring an additional 352,590 shares during the last quarter. Envestnet Asset Management Inc. increased its stake in Vanguard Russell 1000 Growth ETF by 3.1% in the fourth quarter. Envestnet Asset Management Inc. now owns 3,735,457 shares of the company’s stock valued at $385,873,000 after purchasing an additional 112,803 shares during the last quarter. Wells Fargo & Company MN lifted its position in Vanguard Russell 1000 Growth ETF by 11.7% during the fourth quarter. Wells Fargo & Company MN now owns 3,695,628 shares of the company’s stock worth $381,758,000 after buying an additional 386,910 shares during the period. Raymond James Financial Inc. purchased a new position in Vanguard Russell 1000 Growth ETF during the fourth quarter worth about $307,101,000. Finally, Commonwealth Equity Services LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 7.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 2,206,093 shares of the company’s stock worth $227,889,000 after buying an additional 151,225 shares during the last quarter.

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.