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

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a large decrease in short interest in November. As of November 30th, there was short interest totalling 613,400 shares, a decrease of 22.5% from the November 15th total of 791,400 shares. Based on an average daily volume of 738,300 shares, the days-to-cover ratio is currently 0.8 days.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Abound Wealth Management purchased a new position in shares of Vanguard Russell 1000 Growth ETF in the 2nd quarter worth approximately $27,000. Rothschild Investment LLC purchased a new position in Vanguard Russell 1000 Growth ETF in the second quarter worth $31,000. Eastern Bank bought a new position in Vanguard Russell 1000 Growth ETF in the 3rd quarter valued at $35,000. Ashton Thomas Private Wealth LLC bought a new position in Vanguard Russell 1000 Growth ETF in the 2nd quarter valued at $46,000. Finally, Coastline Trust Co purchased a new stake in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter valued at $46,000.

Vanguard Russell 1000 Growth ETF Stock Up 0.2 %

NASDAQ VONG opened at $106.55 on Friday. Vanguard Russell 1000 Growth ETF has a 52 week low of $75.60 and a 52 week high of $107.34. The business has a 50 day moving average price of $100.78 and a 200-day moving average price of $95.76. The company has a market cap of $24.83 billion, a price-to-earnings ratio of 36.74 and a beta of 1.08.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a $0.139 dividend. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 annualized dividend and a yield of 0.52%.

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.