Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Short Interest Update

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the target of a significant growth in short interest in June. As of June 15th, there was short interest totaling 39,596 shares, a growth of 85.7% from the May 31st total of 21,328 shares. Based on an average daily trading volume, of 17,133 shares, the days-to-cover ratio is presently 2.3 days. Currently, 0.8% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VTWG. Bank of America Corp DE boosted its stake in shares of Vanguard Russell 2000 Growth ETF by 5.4% in the 3rd quarter. Bank of America Corp DE now owns 303,703 shares of the company’s stock worth $70,999,000 after buying an additional 15,449 shares during the last quarter. Assetmark Inc. lifted its holdings in Vanguard Russell 2000 Growth ETF by 0.4% during the first quarter. Assetmark Inc. now owns 114,799 shares of the company’s stock worth $26,293,000 after acquiring an additional 440 shares during the period. Systelligence LLC lifted its holdings in Vanguard Russell 2000 Growth ETF by 1.6% during the first quarter. Systelligence LLC now owns 74,008 shares of the company’s stock worth $16,951,000 after acquiring an additional 1,184 shares during the period. Private Advisor Group LLC boosted its position in Vanguard Russell 2000 Growth ETF by 421.4% in the first quarter. Private Advisor Group LLC now owns 71,395 shares of the company’s stock worth $16,352,000 after purchasing an additional 57,703 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Vanguard Russell 2000 Growth ETF by 6.7% in the 2nd quarter. Ameriprise Financial Inc. now owns 66,843 shares of the company’s stock valued at $13,933,000 after purchasing an additional 4,174 shares during the period.

Vanguard Russell 2000 Growth ETF Stock Up 0.3%

NASDAQ:VTWG traded up $0.91 during trading hours on Wednesday, hitting $288.59. 1,626 shares of the company traded hands, compared to its average volume of 23,726. The firm’s 50-day simple moving average is $272.35 and its 200-day simple moving average is $253.12. Vanguard Russell 2000 Growth ETF has a one year low of $205.16 and a one year high of $288.59. The company has a market cap of $1.49 billion, a PE ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 23rd. Investors of record on Thursday, June 18th were given a dividend of $0.4245 per share. The ex-dividend date of this dividend was Thursday, June 18th. This is an increase from Vanguard Russell 2000 Growth ETF’s previous quarterly dividend of $0.32. This represents a $1.70 dividend on an annualized basis and a dividend yield of 0.6%.

About Vanguard Russell 2000 Growth ETF

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.