Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Short Interest Up 145.8% in September

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the target of a large growth in short interest in the month of September. As of September 15th, there was short interest totalling 946,800 shares, a growth of 145.8% from the August 31st total of 385,200 shares. Based on an average daily volume of 2,011,800 shares, the days-to-cover ratio is currently 0.5 days.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of NASDAQ VGIT opened at $60.59 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $56.07 and a 12-month high of $60.82. The stock’s 50 day simple moving average is $59.95 and its 200 day simple moving average is $58.69.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.1851 dividend. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18. The ex-dividend date of this dividend was Tuesday, September 3rd.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in VGIT. JPMorgan Chase & Co. raised its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 322.8% during the first quarter. JPMorgan Chase & Co. now owns 69,096,284 shares of the company’s stock valued at $4,045,588,000 after purchasing an additional 52,754,036 shares in the last quarter. Employees Retirement System of Texas raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% during the second quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock worth $1,251,072,000 after purchasing an additional 21,468,000 shares in the last quarter. Creative Planning lifted its position in Vanguard Intermediate-Term Treasury Index ETF by 8.9% in the second quarter. Creative Planning now owns 10,726,477 shares of the company’s stock worth $624,603,000 after purchasing an additional 880,734 shares during the period. RWA Wealth Partners LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 2.1% during the 1st quarter. RWA Wealth Partners LLC now owns 8,672,630 shares of the company’s stock valued at $507,782,000 after purchasing an additional 177,042 shares in the last quarter. Finally, Nepc LLC increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 40.5% during the 1st quarter. Nepc LLC now owns 6,248,596 shares of the company’s stock valued at $365,855,000 after purchasing an additional 1,802,367 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Company Profile

Vanguard Intermediate Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.