Short Interest in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Declines By 55.6%

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the recipient of a large decrease in short interest during the month of April. As of April 30th, there was short interest totaling 9,097 shares, a decrease of 55.6% from the April 15th total of 20,494 shares. Based on an average trading volume of 21,723 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.2% of the company’s stock are sold short.

Vanguard Russell 2000 Growth ETF Stock Performance

Shares of Vanguard Russell 2000 Growth ETF stock traded down $6.89 during trading hours on Friday, reaching $264.92. The company’s stock had a trading volume of 5,004 shares, compared to its average volume of 23,964. The company’s 50 day simple moving average is $246.11 and its 200 day simple moving average is $243.71. Vanguard Russell 2000 Growth ETF has a one year low of $192.02 and a one year high of $274.40. The stock has a market cap of $1.37 billion, a P/E ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were given a $0.3241 dividend. This represents a $1.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, March 24th.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of VTWG. Goldman Sachs Group Inc. lifted its position in shares of Vanguard Russell 2000 Growth ETF by 12.9% in the 1st quarter. Goldman Sachs Group Inc. now owns 9,012 shares of the company’s stock worth $1,679,000 after buying an additional 1,028 shares during the last quarter. Raymond James Financial Inc. increased its holdings in shares of Vanguard Russell 2000 Growth ETF by 20.1% in the 2nd quarter. Raymond James Financial Inc. now owns 41,359 shares of the company’s stock worth $8,622,000 after acquiring an additional 6,927 shares during the period. Ameriprise Financial Inc. increased its holdings in shares of Vanguard Russell 2000 Growth ETF by 6.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock worth $13,933,000 after acquiring an additional 4,174 shares during the period. Curi Capital LLC acquired a new stake in shares of Vanguard Russell 2000 Growth ETF in the 2nd quarter worth about $609,000. Finally, Great Valley Advisor Group Inc. increased its holdings in shares of Vanguard Russell 2000 Growth ETF by 1.8% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 8,415 shares of the company’s stock worth $1,754,000 after acquiring an additional 147 shares during the period.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.