Short Interest in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Rises By 37.0%

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

Vanguard Intermediate-Term Treasury Index ETF Trading Down 0.1 %

Shares of VGIT stock traded down $0.06 on Thursday, hitting $58.21. 2,311,337 shares of the stock traded hands, compared to its average volume of 2,563,023. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $57.03 and a twelve month high of $60.82. The firm’s 50-day moving average price is $59.63 and its two-hundred day moving average price is $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 issued a $0.1855 dividend. This represents a $2.23 annualized dividend and a yield of 3.82%. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Trading of Vanguard Intermediate-Term Treasury Index ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VGIT. Motco purchased a new position in Vanguard Intermediate-Term Treasury Index ETF in the first quarter worth approximately $26,000. Fifth Third Bancorp raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the 2nd 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 period. Aspire Private Capital LLC raised its holdings 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 buying an additional 485 shares during the period. GAMMA Investing LLC purchased a new position in Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth about $31,000. Finally, Hobbs Group Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the second quarter valued at about $31,000.

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.