Short Interest in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Rises By 22.7%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a large increase in short interest in the month of November. As of November 15th, there was short interest totalling 791,400 shares, an increase of 22.7% from the October 31st total of 645,200 shares. Based on an average daily trading volume, of 733,000 shares, the short-interest ratio is presently 1.1 days.

Institutional Trading of Vanguard Russell 1000 Growth ETF

Hedge funds have recently modified their holdings of the company. Strategic Investment Solutions Inc. IL acquired a new position in Vanguard Russell 1000 Growth ETF in the second quarter worth about $62,000. Brookstone Capital Management boosted its stake in Vanguard Russell 1000 Growth ETF by 286.8% in the 2nd quarter. Brookstone Capital Management now owns 9,060 shares of the company’s stock valued at $855,000 after buying an additional 6,718 shares in the last quarter. Western Wealth Management LLC grew its position in Vanguard Russell 1000 Growth ETF by 13.4% in the second quarter. Western Wealth Management LLC now owns 17,290 shares of the company’s stock valued at $1,622,000 after acquiring an additional 2,046 shares during the period. Mather Group LLC. bought a new stake in Vanguard Russell 1000 Growth ETF in the second quarter valued at $35,000. Finally, Redhawk Wealth Advisors Inc. acquired a new position in Vanguard Russell 1000 Growth ETF during the second quarter worth $211,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Vanguard Russell 1000 Growth ETF stock opened at $102.57 on Friday. Vanguard Russell 1000 Growth ETF has a 52 week low of $73.93 and a 52 week high of $103.15. The firm has a market capitalization of $23.90 billion, a PE ratio of 36.74 and a beta of 1.08. The business’s 50-day simple moving average is $98.89 and its 200-day simple moving average is $94.57.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were paid a dividend of $0.139 per share. The ex-dividend date was Thursday, September 26th. This represents a $0.56 annualized dividend and a yield of 0.54%.

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.