Short Interest in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Rises By 24.8%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the recipient of a large increase in short interest in 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 days-to-cover ratio is presently 0.9 days.

Institutional Trading of Vanguard Russell 1000 Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Simplicity Solutions LLC increased its holdings in Vanguard Russell 1000 Growth ETF by 40.0% in the 4th quarter. Simplicity Solutions LLC now owns 7,059 shares of the company’s stock valued at $551,000 after purchasing an additional 2,018 shares during the last quarter. QRG Capital Management Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 43.2% during the 4th quarter. QRG Capital Management Inc. now owns 7,394 shares of the company’s stock worth $577,000 after acquiring an additional 2,232 shares in the last quarter. RFG Advisory LLC purchased a new position in Vanguard Russell 1000 Growth ETF during the 1st quarter valued at about $1,540,000. Zhang Financial LLC grew its position in Vanguard Russell 1000 Growth ETF by 3.2% in the 4th quarter. Zhang Financial LLC now owns 35,593 shares of the company’s stock valued at $2,777,000 after acquiring an additional 1,118 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its stake in Vanguard Russell 1000 Growth ETF by 79.4% during the fourth quarter. Main Street Financial Solutions LLC now owns 7,698 shares of the company’s stock worth $601,000 after purchasing an additional 3,406 shares during the period.

Vanguard Russell 1000 Growth ETF Price Performance

VONG traded up $0.11 during trading hours on Friday, reaching $93.59. The company’s stock had a trading volume of 553,728 shares, compared to its average volume of 843,870. The stock has a market cap of $20.93 billion, a PE ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a fifty-two week low of $65.85 and a fifty-two week high of $98.46. The business’s 50-day moving average is $93.03 and its 200-day moving average is $88.20.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 1st. Stockholders of record on Thursday, June 27th were issued a dividend of $0.141 per share. This represents a $0.56 dividend on an annualized basis and a dividend yield of 0.60%. The ex-dividend date was Thursday, June 27th.

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.