Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Sees Large Decline in Short Interest

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 956,000 shares, a decline of 42.8% from the February 28th total of 1,670,000 shares. Based on an average daily volume of 2,464,700 shares, the short-interest ratio is currently 0.4 days. Approximately 0.5% of the shares of the stock are sold short.

Vanguard Long-Term Treasury Index ETF Stock Up 1.4 %

Shares of VGLT stock opened at $57.17 on Friday. Vanguard Long-Term Treasury Index ETF has a fifty-two week low of $53.80 and a fifty-two week high of $63.41. The stock’s fifty day moving average price is $56.63 and its two-hundred day moving average price is $57.64.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.1893 dividend. The ex-dividend date was Monday, March 3rd.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Bank of New York Mellon Corp grew its holdings in shares of Vanguard Long-Term Treasury Index ETF by 15.9% during the 4th quarter. Bank of New York Mellon Corp now owns 430,037 shares of the company’s stock valued at $23,803,000 after purchasing an additional 58,966 shares during the last quarter. Private Advisor Group LLC grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 11.9% during the fourth quarter. Private Advisor Group LLC now owns 6,204 shares of the company’s stock worth $343,000 after buying an additional 660 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 15.9% during the third quarter. Stifel Financial Corp now owns 64,939 shares of the company’s stock worth $3,996,000 after buying an additional 8,911 shares in the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 18.2% during the 4th quarter. Jones Financial Companies Lllp now owns 7,230 shares of the company’s stock valued at $400,000 after acquiring an additional 1,111 shares in the last quarter. Finally, Hirtle Callaghan & Co LLC grew its position in Vanguard Long-Term Treasury Index ETF by 4.0% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 23,300 shares of the company’s stock worth $1,290,000 after acquiring an additional 901 shares during the last quarter.

About Vanguard Long-Term Treasury Index ETF

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