Vanguard Russell 1000 Growth Index Fund (NASDAQ:VONG) Short Interest Up 56.3% in December

Vanguard Russell 1000 Growth Index Fund (NASDAQ:VONG – Get Rating) saw a large growth in short interest in the month of December. As of December 30th, there was short interest totalling 541,900 shares, a growth of 56.3% from the December 15th total of 346,700 shares. Based on an average daily volume of 1,380,200 shares, the days-to-cover ratio is currently 0.4 days.

Vanguard Russell 1000 Growth Index Fund Trading Up 0.1 %

Vanguard Russell 1000 Growth Index Fund stock opened at $57.56 on Wednesday. The business’s 50 day simple moving average is $57.01 and its 200 day simple moving average is $58.31. Vanguard Russell 1000 Growth Index Fund has a 12 month low of $51.98 and a 12 month high of $73.45.

Vanguard Russell 1000 Growth Index Fund Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, December 20th. Stockholders of record on Friday, December 16th were given a dividend of $0.146 per share. The ex-dividend date of this dividend was Thursday, December 15th. This represents a $0.58 dividend on an annualized basis and a dividend yield of 1.01%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Janney Montgomery Scott LLC purchased a new stake in Vanguard Russell 1000 Growth Index Fund during the second quarter valued at about $107,636,000. Truist Financial Corp raised its position in shares of Vanguard Russell 1000 Growth Index Fund by 129.1% in the third quarter. Truist Financial Corp now owns 1,213,826 shares of the company’s stock valued at $65,801,000 after purchasing an additional 683,895 shares during the period. Wealthquest Corp lifted its stake in shares of Vanguard Russell 1000 Growth Index Fund by 83.6% during the 3rd quarter. Wealthquest Corp now owns 1,364,163 shares of the company’s stock valued at $73,951,000 after buying an additional 621,075 shares in the last quarter. Bank of America Corp DE boosted its holdings in Vanguard Russell 1000 Growth Index Fund by 12.8% in the 1st quarter. Bank of America Corp DE now owns 4,763,799 shares of the company’s stock worth $339,944,000 after buying an additional 541,341 shares during the period. Finally, M&T Bank Corp purchased a new position in Vanguard Russell 1000 Growth Index Fund in the 2nd quarter valued at approximately $95,000.