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 significant increase in short interest in February. As of February 27th, there was short interest totaling 612,189 shares, an increase of 58.4% from the February 12th total of 386,437 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average daily volume of 3,342,825 shares, the short-interest ratio is presently 0.2 days. Based on an average daily volume of 3,342,825 shares, the short-interest ratio is presently 0.2 days. Currently, 0.2% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VONG. Amundi purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter valued at about $488,000. AQR Capital Management LLC increased its position in Vanguard Russell 1000 Growth ETF by 9.1% during the first quarter. AQR Capital Management LLC now owns 37,849 shares of the company’s stock worth $3,512,000 after buying an additional 3,154 shares during the period. Goldman Sachs Group Inc. increased its position in Vanguard Russell 1000 Growth ETF by 17.2% during the first quarter. Goldman Sachs Group Inc. now owns 473,073 shares of the company’s stock worth $43,896,000 after buying an additional 69,346 shares during the period. CENTRAL TRUST Co lifted its stake in Vanguard Russell 1000 Growth ETF by 62.9% in the second quarter. CENTRAL TRUST Co now owns 1,489 shares of the company’s stock valued at $163,000 after buying an additional 575 shares during the last quarter. Finally, SBI Securities Co. Ltd. lifted its stake in Vanguard Russell 1000 Growth ETF by 1.6% in the second quarter. SBI Securities Co. Ltd. now owns 11,369 shares of the company’s stock valued at $1,241,000 after buying an additional 183 shares during the last quarter.

Vanguard Russell 1000 Growth ETF Trading Down 0.8%

NASDAQ:VONG traded down $0.96 during trading hours on Friday, hitting $113.11. The company’s stock had a trading volume of 1,336,502 shares, compared to its average volume of 3,638,848. Vanguard Russell 1000 Growth ETF has a 52-week low of $79.39 and a 52-week high of $126.83. The stock has a market capitalization of $33.56 billion, a P/E ratio of 33.25 and a beta of 1.12. The stock has a fifty day moving average of $118.47 and a 200-day moving average of $119.92.

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.