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

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 243,943 shares, an increase of 59.7% from the August 31st total of 152,795 shares. Based on an average daily trading volume, of 779,262 shares, the days-to-cover ratio is currently 0.3 days. Currently, 0.1% of the company’s shares are short sold.

Vanguard Russell 1000 Growth ETF Stock Performance

VONG stock traded up $0.89 on Wednesday, reaching $129.91. The company’s stock had a trading volume of 642,891 shares, compared to its average volume of 2,041,275. The firm has a market cap of $47.21 billion, a PE ratio of 33.25 and a beta of 1.16. The business has a fifty day simple moving average of $126.05 and a two-hundred day simple moving average of $123.61. Vanguard Russell 1000 Growth ETF has a 12-month low of $105.22 and a 12-month high of $132.94.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. QRG Capital Management Inc. lifted its holdings in Vanguard Russell 1000 Growth ETF by 63.3% in the second quarter. QRG Capital Management Inc. now owns 3,361 shares of the company’s stock worth $430,000 after buying an additional 1,303 shares during the period. Envestnet Portfolio Solutions Inc. raised its position in shares of Vanguard Russell 1000 Growth ETF by 2.0% in the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 6,687 shares of the company’s stock worth $855,000 after acquiring an additional 128 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 6.8% in the 2nd quarter. Envestnet Asset Management Inc. now owns 5,410,693 shares of the company’s stock valued at $691,520,000 after purchasing an additional 343,780 shares during the period. LBJ Family Wealth Advisors Ltd. lifted its stake in shares of Vanguard Russell 1000 Growth ETF by 0.6% in the 2nd quarter. LBJ Family Wealth Advisors Ltd. now owns 14,124 shares of the company’s stock valued at $1,773,000 after purchasing an additional 80 shares during the period. Finally, MCF Advisors LLC purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at approximately $123,000.

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.