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

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a large increase in short interest in the month of September. As of September 15th, there was short interest totaling 357,500 shares, an increase of 98.0% from the August 31st total of 180,600 shares. Based on an average trading volume of 846,900 shares, the short-interest ratio is presently 0.4 days. Based on an average trading volume of 846,900 shares, the short-interest ratio is presently 0.4 days.

Institutional Investors Weigh In On Vanguard Russell 1000 Growth ETF

A number of large investors have recently added to or reduced their stakes in the business. Bank of America Corp DE increased its holdings in Vanguard Russell 1000 Growth ETF by 1.7% during the 2nd quarter. Bank of America Corp DE now owns 36,407,608 shares of the company’s stock valued at $3,975,711,000 after acquiring an additional 617,701 shares in the last quarter. LPL Financial LLC increased its stake in shares of Vanguard Russell 1000 Growth ETF by 19.5% during the 1st quarter. LPL Financial LLC now owns 6,602,552 shares of the company’s stock worth $612,651,000 after purchasing an additional 1,077,100 shares in the last quarter. TIAA Trust National Association increased its stake in shares of Vanguard Russell 1000 Growth ETF by 3.1% during the 2nd quarter. TIAA Trust National Association now owns 4,788,802 shares of the company’s stock worth $522,937,000 after purchasing an additional 146,126 shares in the last quarter. Envestnet Asset Management Inc. raised its position in shares of Vanguard Russell 1000 Growth ETF by 10.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 3,987,038 shares of the company’s stock worth $435,385,000 after purchasing an additional 362,498 shares during the last quarter. Finally, Ameriprise Financial Inc. lifted its stake in Vanguard Russell 1000 Growth ETF by 7.3% in the 2nd quarter. Ameriprise Financial Inc. now owns 3,710,855 shares of the company’s stock valued at $405,968,000 after buying an additional 251,712 shares in the last quarter.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG stock opened at $120.92 on Friday. The stock has a fifty day moving average price of $116.39 and a 200 day moving average price of $105.94. The stock has a market cap of $33.03 billion, a PE ratio of 33.25 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a 1 year low of $79.39 and a 1 year high of $121.89.

Vanguard Russell 1000 Growth ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Wednesday, September 24th were given a $0.1419 dividend. The ex-dividend date was Wednesday, September 24th. This represents a $0.57 annualized dividend and a dividend yield of 0.5%. This is a boost from Vanguard Russell 1000 Growth ETF’s previous quarterly dividend of $0.13.

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.