Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Stock Short Interest Declines 51.2%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the recipient of a large drop in short interest in the month of September. As of September 30th, there was short interest totaling 119,024 shares, a drop of 51.2% from the September 15th total of 243,943 shares. Based on an average daily volume of 750,084 shares, the short-interest ratio is presently 0.2 days. Approximately 0.0% of the company’s shares are sold short.

Vanguard Russell 1000 Growth ETF Stock Down 1.0%

NASDAQ VONG opened at $129.54 on Wednesday. The firm has a market capitalization of $47.30 billion, a PE ratio of 33.25 and a beta of 1.16. The stock’s 50 day moving average is $127.86 and its 200 day moving average is $124.93. Vanguard Russell 1000 Growth ETF has a twelve month low of $105.22 and a twelve month high of $133.63.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE grew its holdings in Vanguard Russell 1000 Growth ETF by 48.5% in the first quarter. Bank of America Corp DE now owns 76,119,779 shares of the company’s stock valued at $8,349,579,000 after purchasing an additional 24,863,877 shares during the period. Fifth Third Bancorp increased its holdings in Vanguard Russell 1000 Growth ETF by 111.7% in the 1st quarter. Fifth Third Bancorp now owns 1,247,760 shares of the company’s stock worth $136,867,000 after acquiring an additional 658,343 shares in the last quarter. 93 Financial Group LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF in the fourth quarter valued at about $72,045,000. Seven Bridges Advisors LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the third quarter worth about $68,044,000. Finally, Kinetic Wealth Investment Advisors LLC acquired a new stake in Vanguard Russell 1000 Growth ETF in the 2nd quarter worth about $52,358,000.

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.