Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Short Interest Down 39.3% in March

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the recipient of a significant drop in short interest during the month of March. As of March 31st, there was short interest totaling 13,740 shares, a drop of 39.3% from the March 15th total of 22,628 shares. Based on an average daily trading volume, of 15,209 shares, the days-to-cover ratio is presently 0.9 days. Currently, 0.3% of the company’s shares are sold short.

Vanguard Russell 2000 Growth ETF Trading Up 2.1%

Shares of NASDAQ:VTWG opened at $252.38 on Wednesday. The stock’s 50-day moving average price is $238.91 and its 200-day moving average price is $240.10. Vanguard Russell 2000 Growth ETF has a 12-month low of $170.01 and a 12-month high of $259.59. The stock has a market capitalization of $1.30 billion, a P/E ratio of 20.82 and a beta of 1.16.

Vanguard Russell 2000 Growth ETF Cuts Dividend

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of VTWG. TD Private Client Wealth LLC grew its stake in shares of Vanguard Russell 2000 Growth ETF by 28.1% in the third quarter. TD Private Client Wealth LLC now owns 228 shares of the company’s stock worth $53,000 after purchasing an additional 50 shares during the last quarter. Horizon Investments LLC grew its stake in shares of Vanguard Russell 2000 Growth ETF by 76.1% in the fourth quarter. Horizon Investments LLC now owns 361 shares of the company’s stock worth $85,000 after purchasing an additional 156 shares during the last quarter. Atlas Capital Advisors Inc. bought a new stake in shares of Vanguard Russell 2000 Growth ETF in the fourth quarter worth about $117,000. Disciplina Capital Management LLC bought a new stake in shares of Vanguard Russell 2000 Growth ETF in the fourth quarter worth about $118,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Vanguard Russell 2000 Growth ETF in the fourth quarter worth about $128,000.

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.