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

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 948,900 shares, an increase of 37.0% from the October 15th total of 692,500 shares. Based on an average daily volume of 2,705,700 shares, the days-to-cover ratio is presently 0.4 days.

Vanguard Intermediate-Term Treasury Index ETF Stock Up 0.2 %

NASDAQ:VGIT traded up $0.10 during trading hours on Friday, reaching $58.31. 1,901,716 shares of the stock were exchanged, compared to its average volume of 2,560,044. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82. The business has a 50-day moving average of $59.63 and a two-hundred day moving average of $59.00.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.1855 dividend. 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 3.82%. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Trading of Vanguard Intermediate-Term Treasury Index ETF

Several hedge funds have recently made changes to their positions in VGIT. Motco purchased a new position in Vanguard Intermediate-Term Treasury Index ETF in the 1st quarter valued at approximately $26,000. Fifth Third Bancorp increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the period. Aspire Private Capital LLC boosted its stake in shares of 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 buying an additional 485 shares during the period. GAMMA Investing LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth approximately $31,000. Finally, Hobbs Group Advisors LLC acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF in the second quarter valued at approximately $31,000.

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.