Short Interest in Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Expands By 22.7%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the recipient of a large increase in short interest during the month of November. As of November 15th, there was short interest totalling 791,400 shares, an increase of 22.7% from the October 31st total of 645,200 shares. Based on an average daily volume of 733,000 shares, the days-to-cover ratio is currently 1.1 days.

Vanguard Russell 1000 Growth ETF Trading Up 0.8 %

Shares of Vanguard Russell 1000 Growth ETF stock opened at $102.57 on Monday. The firm has a fifty day simple moving average of $98.89 and a 200-day simple moving average of $94.67. The stock has a market capitalization of $23.90 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1-year low of $73.93 and a 1-year high of $103.15.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.139 per share. This represents a $0.56 dividend on an annualized basis and a yield of 0.54%. The ex-dividend date of this dividend was Thursday, September 26th.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in VONG. LPL Financial LLC boosted its stake in Vanguard Russell 1000 Growth ETF by 10.3% during the 3rd quarter. LPL Financial LLC now owns 5,172,862 shares of the company’s stock valued at $499,285,000 after purchasing an additional 481,895 shares during the period. Liberty Wealth Management LLC grew its stake in shares of Vanguard Russell 1000 Growth ETF by 5,886.5% in the second quarter. Liberty Wealth Management LLC now owns 412,173 shares of the company’s stock worth $38,666,000 after acquiring an additional 405,288 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its position in Vanguard Russell 1000 Growth ETF by 18.3% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 1,704,787 shares of the company’s stock worth $159,926,000 after acquiring an additional 264,005 shares during the period. Pacific Life Fund Advisors LLC acquired a new position in Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at $23,994,000. Finally, Edge Capital Group LLC boosted its holdings in Vanguard Russell 1000 Growth ETF by 97.9% in the 2nd quarter. Edge Capital Group LLC now owns 444,221 shares of the company’s stock valued at $41,672,000 after purchasing an additional 219,736 shares during the period.

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.