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

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

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

A number of large investors have recently added to or reduced their stakes in the stock. Sound Income Strategies LLC lifted its position in shares of Vanguard Russell 1000 Growth ETF by 3,291.7% during the 4th quarter. Sound Income Strategies LLC now owns 407 shares of the company’s stock valued at $42,000 after acquiring an additional 395 shares during the period. Legacy Investment Solutions LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter worth $42,000. Investment Counsel Co. of Nevada acquired a new position in Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $51,000. Providence Capital Advisors LLC lifted its position 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 worth $55,000 after purchasing an additional 257 shares during the period. Finally, Eagle Bay Advisors LLC lifted 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 Stock Down 0.5 %

Shares of NASDAQ:VONG opened at $95.25 on Friday. Vanguard Russell 1000 Growth ETF has a 12-month low of $81.08 and a 12-month high of $107.97. The company’s 50 day moving average price is $101.69 and its two-hundred day moving average price is $100.92. The firm has a market cap of $23.10 billion, a PE ratio of 33.19 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were paid a $0.1366 dividend. This represents a $0.55 annualized dividend and a dividend yield of 0.57%. The ex-dividend date of this dividend was Tuesday, March 25th.

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.