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

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a significant drop in short interest in the month of May. As of May 15th, there was short interest totalling 182,900 shares, a drop of 62.1% from the April 30th total of 482,800 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily volume of 1,516,800 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Trading of Vanguard Russell 1000 Growth ETF

A number of hedge funds have recently added to or reduced their stakes in VONG. Greykasell Wealth Strategies Inc. acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the first quarter worth $35,000. Proathlete Wealth Management LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the first quarter worth $35,000. Legacy Investment Solutions LLC acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter worth $42,000. Mather Group LLC. acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the first quarter worth $37,000. Finally, Investment Counsel Co. of Nevada acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the fourth quarter worth $51,000.

Vanguard Russell 1000 Growth ETF Trading Down 0.4%

NASDAQ VONG opened at $102.56 on Thursday. The firm has a market capitalization of $26.91 billion, a price-to-earnings ratio of 32.77 and a beta of 1.08. The firm’s 50 day simple moving average is $94.44 and its 200 day simple moving average is $100.09. Vanguard Russell 1000 Growth ETF has a 1 year low of $79.40 and a 1 year high of $107.97.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Tuesday, March 25th were given a dividend of $0.1366 per share. The ex-dividend date was Tuesday, March 25th. This represents a $0.55 annualized dividend and a dividend yield of 0.53%.

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.