Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) Short Interest Down 37.5% in October

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a significant decrease in short interest during the month of October. As of October 15th, there was short interest totalling 422,100 shares, a decrease of 37.5% from the September 30th total of 675,800 shares. Based on an average daily volume of 755,300 shares, the days-to-cover ratio is currently 0.6 days.

Vanguard Russell 1000 Growth ETF Trading Up 0.3 %

Shares of NASDAQ VONG traded up $0.25 during mid-day trading on Monday, hitting $98.86. The company had a trading volume of 458,595 shares, compared to its average volume of 816,928. The firm has a 50-day simple moving average of $95.28 and a two-hundred day simple moving average of $91.87. The company has a market capitalization of $23.04 billion, a PE ratio of 36.74 and a beta of 1.08. Vanguard Russell 1000 Growth ETF has a one year low of $66.63 and a one year high of $99.38.

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 $0.139 dividend. This represents a $0.56 annualized dividend and a dividend yield of 0.56%. The ex-dividend date was Thursday, September 26th.

Hedge Funds Weigh In On Vanguard Russell 1000 Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Avantax Advisory Services Inc. increased its stake in shares of Vanguard Russell 1000 Growth ETF by 0.6% during the 1st quarter. Avantax Advisory Services Inc. now owns 10,765,467 shares of the company’s stock worth $933,043,000 after purchasing an additional 60,374 shares during the last quarter. LPL Financial LLC increased its position in Vanguard Russell 1000 Growth ETF by 2.1% during the second quarter. LPL Financial LLC now owns 4,690,967 shares of the company’s stock worth $440,060,000 after buying an additional 94,966 shares during the last quarter. TIAA Trust National Association increased its position in Vanguard Russell 1000 Growth ETF by 3.3% during the second quarter. TIAA Trust National Association now owns 4,605,875 shares of the company’s stock worth $432,077,000 after buying an additional 146,165 shares during the last quarter. Sequoia Financial Advisors LLC raised its stake in Vanguard Russell 1000 Growth ETF by 1.2% in the second quarter. Sequoia Financial Advisors LLC now owns 3,314,479 shares of the company’s stock valued at $310,932,000 after buying an additional 39,480 shares during the period. Finally, Commonwealth Equity Services LLC lifted its position in shares of Vanguard Russell 1000 Growth ETF by 0.8% in the third quarter. Commonwealth Equity Services LLC now owns 2,054,868 shares of the company’s stock valued at $198,336,000 after buying an additional 16,377 shares during 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.