Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Sees Large Drop in Short Interest

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) saw a significant decrease in short interest in the month of November. As of November 30th, there was short interest totalling 613,400 shares, a decrease of 22.5% from the November 15th total of 791,400 shares. Based on an average trading volume of 738,300 shares, the short-interest ratio is presently 0.8 days.

Vanguard Russell 1000 Growth ETF Stock Up 0.2 %

Shares of NASDAQ VONG opened at $106.55 on Monday. Vanguard Russell 1000 Growth ETF has a 12 month low of $75.60 and a 12 month high of $107.34. The company has a market cap of $24.83 billion, a P/E ratio of 36.74 and a beta of 1.08. The business’s 50 day moving average is $100.78 and its two-hundred day moving average is $95.80.

Vanguard Russell 1000 Growth ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.139 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.56 annualized dividend and a dividend yield of 0.52%.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

Several hedge funds have recently made changes to their positions in VONG. Abound Wealth Management acquired a new position in shares of Vanguard Russell 1000 Growth ETF in the second quarter valued at $27,000. Rothschild Investment LLC bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter worth about $31,000. Eastern Bank bought a new position in shares of Vanguard Russell 1000 Growth ETF during the 3rd quarter worth about $35,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Vanguard Russell 1000 Growth ETF during the 2nd quarter valued at about $46,000. Finally, Coastline Trust Co bought a new stake in Vanguard Russell 1000 Growth ETF in the third quarter valued at about $46,000.

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.