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

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a large growth in short interest in the month of June. As of June 15th, there was short interest totaling 329,104 shares, a growth of 91.4% from the May 31st total of 171,945 shares. Currently, 0.1% of the shares of the stock are sold short. Based on an average trading volume of 1,494,948 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

Hedge funds and other institutional investors have recently modified their holdings of the stock. Amundi bought a new position in shares of Vanguard Russell 1000 Growth ETF during the first quarter valued at $488,000. AQR Capital Management LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 9.1% in the 1st quarter. AQR Capital Management LLC now owns 37,849 shares of the company’s stock valued at $3,512,000 after purchasing an additional 3,154 shares in the last quarter. Goldman Sachs Group Inc. grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 17.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 473,073 shares of the company’s stock worth $43,896,000 after purchasing an additional 69,346 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in shares of Vanguard Russell 1000 Growth ETF by 13.0% in the 2nd quarter. Russell Investments Group Ltd. now owns 2,489 shares of the company’s stock worth $272,000 after purchasing an additional 287 shares during the last quarter. Finally, Invesco Ltd. acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth about $475,000.

Vanguard Russell 1000 Growth ETF Trading Down 0.5%

NASDAQ VONG traded down $0.70 on Wednesday, reaching $127.11. The company’s stock had a trading volume of 125,215 shares, compared to its average volume of 2,561,709. Vanguard Russell 1000 Growth ETF has a 52 week low of $105.22 and a 52 week high of $132.94. The firm has a market cap of $43.35 billion, a PE ratio of 33.25 and a beta of 1.16. The business has a 50-day moving average price of $126.33 and a 200 day moving average price of $120.63.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Stockholders of record on Thursday, June 18th were paid a $0.1592 dividend. The ex-dividend date was Thursday, June 18th. This represents a $0.64 annualized dividend and a dividend yield of 0.5%. This is an increase from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14.

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.