Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Large Increase in Short Interest

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a significant increase in short interest during the month of July. As of July 31st, there was short interest totalling 798,700 shares, an increase of 24.8% from the July 15th total of 640,000 shares. Based on an average daily trading volume, of 857,100 shares, the short-interest ratio is currently 0.9 days.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Deane Retirement Strategies Inc. purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth approximately $26,000. Abound Wealth Management bought a new stake in Vanguard Russell 1000 Growth ETF during the second quarter worth $27,000. Rothschild Investment LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the second quarter worth $31,000. YHB Investment Advisors Inc. bought a new position in Vanguard Russell 1000 Growth ETF in the 1st quarter valued at $35,000. Finally, Stuart Chaussee & Associates Inc. purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 1st quarter valued at $35,000.

Vanguard Russell 1000 Growth ETF Trading Up 2.2 %

Vanguard Russell 1000 Growth ETF stock traded up $2.03 during trading on Thursday, hitting $93.48. 623,936 shares of the company were exchanged, compared to its average volume of 845,718. The company has a market capitalization of $20.91 billion, a P/E ratio of 36.74 and a beta of 1.08. The business’s 50 day moving average is $92.90 and its 200 day moving average is $88.09. 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 company also recently disclosed a quarterly dividend, which was paid on Monday, July 1st. Shareholders of record on Thursday, June 27th were given a $0.141 dividend. This represents a $0.56 dividend on an annualized basis and a yield of 0.60%. The ex-dividend date of this dividend was Thursday, June 27th.

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.