Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Stock Short Interest Rises 59.7%

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 243,943 shares, a growth of 59.7% from the August 31st total of 152,795 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average daily trading volume, of 779,262 shares, the days-to-cover ratio is currently 0.3 days.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

Institutional investors and hedge funds have recently modified their holdings of the stock. LPL Financial LLC boosted its stake in shares of Vanguard Russell 1000 Growth ETF by 6.4% during the 4th quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock worth $995,208,000 after acquiring an additional 494,747 shares during the last quarter. Jabodon PT Co. bought a new stake in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter valued at $177,692,000. O Shaughnessy Asset Management LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 7.3% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 94,332 shares of the company’s stock worth $11,485,000 after purchasing an additional 6,386 shares in the last quarter. Spartan Wealth Advisory Services LLC purchased a new stake in shares of Vanguard Russell 1000 Growth ETF in the 1st quarter worth $11,653,000. Finally, Rockefeller Capital Management L.P. raised its holdings in Vanguard Russell 1000 Growth ETF by 22.6% in the 4th quarter. Rockefeller Capital Management L.P. now owns 364,671 shares of the company’s stock worth $44,399,000 after purchasing an additional 67,245 shares during the period.

Vanguard Russell 1000 Growth ETF Stock Up 0.7%

Shares of NASDAQ:VONG traded up $0.89 during midday trading on Wednesday, reaching $129.91. The company’s stock had a trading volume of 642,891 shares, compared to its average volume of 2,041,275. The firm has a 50 day moving average of $126.05 and a 200-day moving average of $123.61. The firm has a market capitalization of $47.21 billion, a P/E ratio of 33.25 and a beta of 1.16. Vanguard Russell 1000 Growth ETF has a 12-month low of $105.22 and a 12-month high of $132.94.

Vanguard Russell 1000 Growth ETF Company Profile

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.