Short Interest in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Grows By 244.5%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a significant increase in short interest in March. As of March 15th, there was short interest totalling 477,200 shares, an increase of 244.5% from the February 28th total of 138,500 shares. Currently, 0.2% of the shares of the company are sold short. Based on an average trading volume of 1,352,800 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

A number of hedge funds have recently modified their holdings of VONG. Legacy Investment Solutions LLC bought a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at $42,000. Sound Income Strategies LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 3,291.7% in the 4th quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock worth $42,000 after acquiring an additional 395 shares during the last quarter. Investment Counsel Co. of Nevada bought a new stake in Vanguard Russell 1000 Growth ETF in the 4th quarter valued at about $51,000. Providence Capital Advisors LLC lifted its holdings in Vanguard Russell 1000 Growth ETF by 83.2% during the third quarter. Providence Capital Advisors LLC now owns 566 shares of the company’s stock valued at $55,000 after purchasing an additional 257 shares during the last quarter. Finally, Eagle Bay Advisors LLC boosted its position in Vanguard Russell 1000 Growth ETF by 140.7% during the fourth quarter. Eagle Bay Advisors LLC now owns 568 shares of the company’s stock worth $59,000 after purchasing an additional 332 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

Shares of Vanguard Russell 1000 Growth ETF stock opened at $95.71 on Thursday. The firm has a market cap of $23.21 billion, a PE ratio of 33.19 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1 year low of $81.08 and a 1 year high of $107.97. The stock has a fifty day moving average price of $101.86 and a 200-day moving average price of $100.96.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th will be paid a dividend of $0.1366 per share. The ex-dividend date is Tuesday, March 25th. This represents a $0.55 annualized dividend and a dividend yield of 0.57%.

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.