Short Interest in Vanguard Russell 3000 ETF (NASDAQ:VTHR) Grows By 229.1%

Vanguard Russell 3000 ETF (NASDAQ:VTHR) saw a large growth in short interest during the month of July. As of July 31st, there was short interest totaling 144,600 shares, a growth of 229.1% from the July 15th total of 43,936 shares. Based on an average trading volume of 27,604 shares, the short-interest ratio is presently 5.2 days. Currently, 1.0% of the company’s stock are sold short.

Vanguard Russell 3000 ETF Stock Up 0.4%

NASDAQ VTHR traded up $1.43 on Thursday, reaching $343.24. The company had a trading volume of 12,601 shares, compared to its average volume of 35,567. The company’s fifty day moving average is $330.56 and its 200 day moving average is $315.64. The stock has a market capitalization of $4.87 billion, a P/E ratio of 24.16 and a beta of 1.01. Vanguard Russell 3000 ETF has a 52-week low of $278.45 and a 52-week high of $344.56.

Vanguard Russell 3000 ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 23rd. Shareholders of record on Thursday, June 18th were paid a $0.8372 dividend. The ex-dividend date was Thursday, June 18th. This represents a $3.35 annualized dividend and a yield of 1.0%.

Hedge Funds Weigh In On Vanguard Russell 3000 ETF

Several institutional investors have recently modified their holdings of VTHR. Wealth Care LLC purchased a new position in Vanguard Russell 3000 ETF in the first quarter valued at approximately $522,000. Northwestern Mutual Wealth Management Co. increased its position in Vanguard Russell 3000 ETF by 2,126.4% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 29,656 shares of the company’s stock worth $8,907,000 after buying an additional 28,324 shares during the last quarter. Davidson Investment Advisors increased its position in Vanguard Russell 3000 ETF by 99.6% in the fourth quarter. Davidson Investment Advisors now owns 5,283 shares of the company’s stock worth $1,587,000 after buying an additional 2,636 shares during the last quarter. Focus Partners Wealth raised its stake in shares of Vanguard Russell 3000 ETF by 2.9% in the fourth quarter. Focus Partners Wealth now owns 237,447 shares of the company’s stock valued at $70,045,000 after buying an additional 6,778 shares during the period. Finally, Fulton Bank N.A. bought a new stake in shares of Vanguard Russell 3000 ETF in the first quarter valued at $707,000.

About Vanguard Russell 3000 ETF

The Vanguard Russell 3000 ETF (VTHR) is an exchange-traded fund that is based on the Russell 3000 index, a market-cap-weighted index that measures the investable US equity space, covering the entire market-cap spectrum including micro-caps. VTHR was launched on Sep 20, 2010 and is managed by Vanguard.