Short Interest in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Declines By 29.3%

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) saw a large drop in short interest in December. As of December 31st, there was short interest totalling 44,900 shares, a drop of 29.3% from the December 15th total of 63,500 shares. Based on an average daily volume of 31,400 shares, the short-interest ratio is currently 1.4 days.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Stifel Financial Corp raised its position in shares of Vanguard Russell 2000 Growth ETF by 92.8% during the third quarter. Stifel Financial Corp now owns 9,040 shares of the company’s stock worth $1,874,000 after purchasing an additional 4,350 shares during the period. FMR LLC increased its stake in Vanguard Russell 2000 Growth ETF by 205.3% in the 3rd quarter. FMR LLC now owns 1,212 shares of the company’s stock worth $251,000 after purchasing an additional 815 shares in the last quarter. Janney Montgomery Scott LLC increased its stake in Vanguard Russell 2000 Growth ETF by 5.1% in the 3rd quarter. Janney Montgomery Scott LLC now owns 6,653 shares of the company’s stock worth $1,379,000 after purchasing an additional 323 shares in the last quarter. Raymond James & Associates raised its holdings in Vanguard Russell 2000 Growth ETF by 3.9% during the 3rd quarter. Raymond James & Associates now owns 13,742 shares of the company’s stock worth $2,848,000 after buying an additional 521 shares during the period. Finally, Wealth Enhancement Advisory Services LLC lifted its stake in Vanguard Russell 2000 Growth ETF by 19.0% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 1,983 shares of the company’s stock valued at $411,000 after buying an additional 316 shares in the last quarter.

Vanguard Russell 2000 Growth ETF Price Performance

Shares of VTWG opened at $213.42 on Thursday. The firm’s 50 day moving average is $219.10 and its 200-day moving average is $207.94. Vanguard Russell 2000 Growth ETF has a 12-month low of $172.74 and a 12-month high of $231.13. The stock has a market capitalization of $1.04 billion, a P/E ratio of 15.65 and a beta of 1.15.

Vanguard Russell 2000 Growth ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, December 26th. Shareholders of record on Monday, December 23rd were given a $0.4069 dividend. The ex-dividend date was Monday, December 23rd.

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.