Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) Sees Significant Growth in Short Interest

Vanguard Russell 2000 Growth ETF (NASDAQ:VTWG) was the recipient of a significant increase in short interest in the month of April. As of April 15th, there was short interest totalling 56,700 shares, an increase of 136.3% from the March 31st total of 24,000 shares. Based on an average daily volume of 29,600 shares, the days-to-cover ratio is currently 1.9 days.

Vanguard Russell 2000 Growth ETF Stock Up 1.4 %

Shares of VTWG stock opened at $184.35 on Friday. The stock has a 50-day moving average price of $190.03 and a 200 day moving average price of $177.16. The firm has a market cap of $875.66 million, a price-to-earnings ratio of 15.64 and a beta of 1.15. Vanguard Russell 2000 Growth ETF has a 12 month low of $148.12 and a 12 month high of $199.00.

Vanguard Russell 2000 Growth ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 26th. Investors of record on Friday, March 22nd were given a $0.266 dividend. The ex-dividend date was Thursday, March 21st. This represents a $1.06 dividend on an annualized basis and a yield of 0.58%.

Institutional Trading of Vanguard Russell 2000 Growth ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VTWG. Crestone Asset Management LLC grew its position in shares of Vanguard Russell 2000 Growth ETF by 2.9% during the 1st quarter. Crestone Asset Management LLC now owns 170,106 shares of the company’s stock worth $33,528,000 after buying an additional 4,816 shares during the period. WestHill Financial Advisors Inc. grew its position in shares of Vanguard Russell 2000 Growth ETF by 3.0% during the 1st quarter. WestHill Financial Advisors Inc. now owns 38,698 shares of the company’s stock worth $7,627,000 after buying an additional 1,117 shares during the period. Cambridge Investment Research Advisors Inc. lifted its holdings in shares of Vanguard Russell 2000 Growth ETF by 2.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 20,913 shares of the company’s stock valued at $4,122,000 after purchasing an additional 559 shares in the last quarter. IVC Wealth Advisors LLC lifted its holdings in shares of Vanguard Russell 2000 Growth ETF by 6.1% during the 1st quarter. IVC Wealth Advisors LLC now owns 13,725 shares of the company’s stock valued at $2,705,000 after purchasing an additional 788 shares in the last quarter. Finally, AdvisorNet Financial Inc lifted its holdings in shares of Vanguard Russell 2000 Growth ETF by 14.0% during the 1st quarter. AdvisorNet Financial Inc now owns 9,370 shares of the company’s stock valued at $1,847,000 after purchasing an additional 1,149 shares in the last quarter.

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.