Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Short Interest Update

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a large drop in short interest in May. As of May 31st, there was short interest totalling 136,000 shares, a drop of 25.6% from the May 15th total of 182,900 shares. Based on an average daily volume of 1,351,100 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Vanguard Russell 1000 Growth ETF Trading Down 0.1%

Shares of VONG stock opened at $104.62 on Thursday. The firm has a market capitalization of $27.45 billion, a PE ratio of 32.77 and a beta of 1.08. The firm has a fifty day simple moving average of $98.47 and a two-hundred day simple moving average of $100.38. Vanguard Russell 1000 Growth ETF has a 12 month low of $79.40 and a 12 month high of $107.97.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th were paid a $0.1366 dividend. This represents a $0.55 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date was Tuesday, March 25th.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VONG. LPL Financial LLC raised its position in Vanguard Russell 1000 Growth ETF by 19.5% in the 1st quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock valued at $612,651,000 after buying an additional 1,077,100 shares during the last quarter. TIAA Trust National Association boosted its holdings in Vanguard Russell 1000 Growth ETF by 0.4% during the 1st quarter. TIAA Trust National Association now owns 4,642,676 shares of the company’s stock worth $430,794,000 after acquiring an additional 17,893 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of Vanguard Russell 1000 Growth ETF by 3.1% in the 4th quarter. Envestnet Asset Management Inc. now owns 3,735,457 shares of the company’s stock worth $385,873,000 after acquiring an additional 112,803 shares in the last quarter. Wells Fargo & Company MN raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 11.7% in the fourth quarter. Wells Fargo & Company MN now owns 3,695,628 shares of the company’s stock valued at $381,758,000 after purchasing an additional 386,910 shares during the last quarter. Finally, Citigroup Inc. raised its holdings in shares of Vanguard Russell 1000 Growth ETF by 3.3% in the first quarter. Citigroup Inc. now owns 3,675,208 shares of the company’s stock valued at $341,023,000 after purchasing an additional 117,686 shares during the last quarter.

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.