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

Vanguard Russell 1000 Growth ETF (NASDAQ:VONG) was the target of a significant growth in short interest in the month of September. As of September 15th, there was short interest totaling 243,943 shares, a growth of 59.7% from the August 31st total of 152,795 shares. Based on an average daily trading volume, of 779,262 shares, the short-interest ratio is presently 0.3 days. Approximately 0.1% of the company’s shares are short sold.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its holdings in Vanguard Russell 1000 Growth ETF by 48.5% in the first quarter. Bank of America Corp DE now owns 76,119,779 shares of the company’s stock valued at $8,349,579,000 after purchasing an additional 24,863,877 shares during the last quarter. LPL Financial LLC boosted its holdings in Vanguard Russell 1000 Growth ETF by 6.4% during the fourth quarter. LPL Financial LLC now owns 8,174,197 shares of the company’s stock worth $995,208,000 after buying an additional 494,747 shares during the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard Russell 1000 Growth ETF by 6.8% during the second quarter. Envestnet Asset Management Inc. now owns 5,410,693 shares of the company’s stock worth $691,520,000 after buying an additional 343,780 shares during the last quarter. Janney Montgomery Scott LLC boosted its holdings in Vanguard Russell 1000 Growth ETF by 13.9% during the first quarter. Janney Montgomery Scott LLC now owns 1,803,853 shares of the company’s stock worth $197,865,000 after buying an additional 220,766 shares during the last quarter. Finally, Jabodon PT Co. acquired a new position in shares of Vanguard Russell 1000 Growth ETF during the 4th quarter worth about $177,692,000.

Vanguard Russell 1000 Growth ETF Stock Performance

Shares of VONG stock opened at $129.40 on Friday. The firm’s 50 day moving average price is $126.29 and its two-hundred day moving average price is $123.83. Vanguard Russell 1000 Growth ETF has a 52-week low of $105.22 and a 52-week high of $132.94. The stock has a market cap of $47.02 billion, a PE ratio of 33.25 and a beta of 1.16.

Vanguard Russell 1000 Growth ETF Company Profile

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.