Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Short Interest Up 60.2% in November

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Employees Retirement System of Texas lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% in the 2nd quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock worth $1,251,072,000 after acquiring an additional 21,468,000 shares during the period. Kovitz Investment Group Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter worth approximately $68,099,000. Summit Trail Advisors LLC lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 36.2% during the third quarter. Summit Trail Advisors LLC now owns 3,992,551 shares of the company’s stock valued at $241,230,000 after purchasing an additional 1,060,467 shares during the last quarter. Creative Planning lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 8.9% during the second quarter. Creative Planning now owns 10,726,477 shares of the company’s stock valued at $624,603,000 after purchasing an additional 880,734 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF during the second quarter valued at approximately $48,681,000.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

NASDAQ VGIT traded up $0.18 on Friday, hitting $59.03. The stock had a trading volume of 959,040 shares, compared to its average volume of 2,546,478. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $57.03 and a one year high of $60.82. The company’s 50-day moving average is $59.14 and its two-hundred day moving average is $59.07.

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 a boost 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. This represents a $2.23 annualized dividend and a yield of 3.77%.

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.