Vanguard Growth ETF (NYSEARCA:VUG) Sees Large Decline in Short Interest

Vanguard Growth ETF (NYSEARCA:VUG) saw a significant drop in short interest during the month of February. As of February 27th, there was short interest totaling 331,914 shares, a drop of 33.9% from the February 12th total of 502,341 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 1,628,533 shares, the days-to-cover ratio is presently 0.2 days. Based on an average daily trading volume, of 1,628,533 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Vanguard Growth ETF

Several institutional investors and hedge funds have recently bought and sold shares of the stock. DecisionPoint Financial LLC lifted its position in shares of Vanguard Growth ETF by 116.0% during the 4th quarter. DecisionPoint Financial LLC now owns 54 shares of the company’s stock valued at $26,000 after buying an additional 29 shares in the last quarter. Turning Point Benefit Group Inc. bought a new stake in Vanguard Growth ETF during the 3rd quarter worth approximately $26,000. Byrne Asset Management LLC raised its stake in Vanguard Growth ETF by 520.0% during the 4th quarter. Byrne Asset Management LLC now owns 62 shares of the company’s stock worth $30,000 after acquiring an additional 52 shares during the period. Kilter Group LLC purchased a new position in Vanguard Growth ETF during the second quarter valued at approximately $33,000. Finally, Anfield Capital Management LLC lifted its holdings in Vanguard Growth ETF by 266.7% during the second quarter. Anfield Capital Management LLC now owns 77 shares of the company’s stock valued at $34,000 after purchasing an additional 56 shares in the last quarter.

Vanguard Growth ETF Trading Down 1.1%

VUG stock traded down $5.09 during midday trading on Friday, reaching $450.21. 1,660,680 shares of the company’s stock traded hands, compared to its average volume of 1,903,567. Vanguard Growth ETF has a 52-week low of $316.14 and a 52-week high of $505.38. The stock has a market cap of $187.80 billion, a P/E ratio of 36.22 and a beta of 1.17. The stock’s 50-day moving average is $473.41 and its 200 day moving average is $479.01.

About Vanguard Growth ETF

Vanguard Growth Index Fund, formerly Vanguard Growth ETF, is an exchange-traded share class of Vanguard Growth Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Prime Market Growth Index (the Index). The Index is a diversified index of growth stocks of large United States companies. The Index represents the growth companies of the MSCI US Prime Market 750 Index. The MSCI US Prime Market 750 Index represents the universe of large-capitalization companies in the United States equity market.