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

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a significant drop in short interest in May. As of May 29th, there was short interest totaling 171,945 shares, a drop of 63.1% from the May 14th total of 465,565 shares. Based on an average daily trading volume, of 1,394,137 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the stock are short sold.

Vanguard Russell 1000 Growth ETF Stock Down 0.1%

Shares of NASDAQ VONG traded down $0.08 during mid-day trading on Friday, hitting $124.99. 834,970 shares of the company traded hands, compared to its average volume of 2,696,147. Vanguard Russell 1000 Growth ETF has a 1 year low of $103.39 and a 1 year high of $132.94. The stock has a market capitalization of $42.63 billion, a price-to-earnings ratio of 33.25 and a beta of 1.16. The business has a 50 day moving average of $123.70 and a two-hundred day moving average of $120.38.

Vanguard Russell 1000 Growth ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 24th were issued a dividend of $0.1418 per share. This is a positive change from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.14. This represents a $0.57 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of VONG. Bank of America Corp DE grew its stake in Vanguard Russell 1000 Growth ETF by 48.5% in the first quarter. Bank of America Corp DE now owns 76,119,779 shares of the company’s stock valued at $8,349,579,000 after purchasing an additional 24,863,877 shares in the last quarter. LPL Financial LLC grew its stake in Vanguard Russell 1000 Growth ETF by 6.4% in the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock valued at $995,208,000 after purchasing an additional 494,747 shares in the last quarter. Wells Fargo & Company MN grew its stake in Vanguard Russell 1000 Growth ETF by 6.2% in the fourth quarter. Wells Fargo & Company MN now owns 4,229,899 shares of the company’s stock valued at $514,990,000 after purchasing an additional 245,413 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Vanguard Russell 1000 Growth ETF by 8.6% in the third quarter. Ameriprise Financial Inc. now owns 4,031,762 shares of the company’s stock valued at $485,265,000 after purchasing an additional 320,907 shares in the last quarter. Finally, UBS Group AG grew its stake in Vanguard Russell 1000 Growth ETF by 0.8% in the third quarter. UBS Group AG now owns 3,994,158 shares of the company’s stock valued at $481,296,000 after purchasing an additional 29,877 shares in 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.