Short Interest in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Decreases By 55.6%

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the target of a significant drop in short interest in April. As of April 30th, there was short interest totaling 9,097 shares, a drop of 55.6% from the April 15th total of 20,494 shares. Based on an average daily trading volume, of 21,723 shares, the days-to-cover ratio is currently 0.4 days. Approximately 0.2% of the company’s stock are short sold.

Vanguard Russell 2000 Growth ETF Trading Down 2.7%

NASDAQ:VTWG opened at $264.37 on Friday. Vanguard Russell 2000 Growth ETF has a 1-year low of $192.02 and a 1-year high of $274.40. The firm has a fifty day simple moving average of $246.50 and a 200 day simple moving average of $243.85. The stock has a market capitalization of $1.36 billion, a PE ratio of 20.82 and a beta of 1.20.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 24th were given a dividend of $0.3241 per share. This represents a $1.30 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th.

Hedge Funds Weigh In On Vanguard Russell 2000 Growth ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Elm3 Financial Group LLC bought a new position in Vanguard Russell 2000 Growth ETF during the fourth quarter worth $754,000. Systelligence LLC bought a new position in Vanguard Russell 2000 Growth ETF during the fourth quarter worth $17,186,000. JPMorgan Chase & Co. boosted its position in Vanguard Russell 2000 Growth ETF by 23.1% during the third quarter. JPMorgan Chase & Co. now owns 13,729 shares of the company’s stock worth $3,210,000 after purchasing an additional 2,579 shares during the period. Kelsey Financial LLC bought a new position in Vanguard Russell 2000 Growth ETF during the fourth quarter worth $531,000. Finally, Arkadios Wealth Advisors boosted its position in Vanguard Russell 2000 Growth ETF by 123.8% during the third quarter. Arkadios Wealth Advisors now owns 3,701 shares of the company’s stock worth $865,000 after purchasing an additional 2,047 shares during the period.

Vanguard Russell 2000 Growth ETF Company Profile

The Vanguard Russell 2000 Growth ETF (VTWG) is an exchange-traded fund that is based on the Russell 2000 Growth index. The fund tracks an index of US small-cap growth stocks. Holdings are selected and weighted based on EPS growth estimates and historical sales growth. VTWG was launched on Sep 20, 2010 and is managed by Vanguard.