Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Short Interest Update

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,520,000 shares, a growth of 60.2% from the October 31st total of 948,900 shares. Based on an average daily trading volume, of 2,799,200 shares, the days-to-cover ratio is presently 0.5 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. Fifth Third Bancorp raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the second quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock valued at $28,000 after buying an additional 200 shares during the last quarter. Aspire Private Capital LLC increased its position in Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% in the 2nd quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock valued at $30,000 after acquiring an additional 485 shares during the period. GAMMA Investing LLC acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter valued at approximately $31,000. Hobbs Group Advisors LLC bought a new stake in Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter valued at $31,000. Finally, Morton Brown Family Wealth LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF during the 2nd quarter worth $35,000.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of VGIT opened at $58.85 on Friday. The firm has a fifty day moving average of $59.17 and a 200-day moving average of $59.06. Vanguard Intermediate-Term Treasury Index ETF has a 1 year low of $57.03 and a 1 year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a $0.1855 dividend. The ex-dividend date was Friday, November 1st. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. This represents a $2.23 annualized dividend and a yield of 3.78%.

About Vanguard Intermediate-Term Treasury Index ETF

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.