Short Interest in Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Increases By 488.6%

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the target of a large increase in short interest during the month of June. As of June 15th, there was short interest totalling 25,900 shares, an increase of 488.6% from the May 31st total of 4,400 shares. Based on an average daily volume of 25,000 shares, the short-interest ratio is presently 1.0 days.

Institutional Investors Weigh In On Vanguard Russell 2000 Growth ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of VTWG. Westwood Holdings Group Inc. lifted its stake in shares of Vanguard Russell 2000 Growth ETF by 3.6% in the first quarter. Westwood Holdings Group Inc. now owns 350,763 shares of the company’s stock worth $69,135,000 after acquiring an additional 12,196 shares during the period. Crestone Asset Management LLC increased its holdings in Vanguard Russell 2000 Growth ETF by 2.9% in the first quarter. Crestone Asset Management LLC now owns 170,106 shares of the company’s stock worth $33,528,000 after purchasing an additional 4,816 shares in the last quarter. Cetera Investment Advisers lifted its stake in Vanguard Russell 2000 Growth ETF by 15.8% in the first quarter. Cetera Investment Advisers now owns 130,023 shares of the company’s stock valued at $25,628,000 after buying an additional 17,704 shares during the period. Cetera Advisors LLC lifted its stake in Vanguard Russell 2000 Growth ETF by 4,461.5% in the first quarter. Cetera Advisors LLC now owns 117,459 shares of the company’s stock valued at $23,151,000 after buying an additional 114,884 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in shares of Vanguard Russell 2000 Growth ETF by 3.8% during the 4th quarter. Wells Fargo & Company MN now owns 52,219 shares of the company’s stock worth $9,585,000 after buying an additional 1,888 shares in the last quarter.

Vanguard Russell 2000 Growth ETF Trading Down 0.2 %

Vanguard Russell 2000 Growth ETF stock traded down $0.35 during mid-day trading on Friday, reaching $191.05. The company had a trading volume of 20,206 shares, compared to its average volume of 27,937. The business has a fifty day simple moving average of $189.41 and a 200 day simple moving average of $186.90. The company has a market cap of $907.49 million, a P/E ratio of 15.65 and a beta of 1.15. Vanguard Russell 2000 Growth ETF has a fifty-two week low of $148.12 and a fifty-two week high of $199.00.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 1st. Investors of record on Thursday, June 27th will be issued a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a dividend yield of 0.55%. The ex-dividend date of this dividend is Thursday, June 27th.

About Vanguard Russell 2000 Growth ETF

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.