Vanguard Total Bond Market ETF (NASDAQ:BND) Sees Significant Drop in Short Interest

Vanguard Total Bond Market ETF (NASDAQ:BND) was the target of a significant drop in short interest during the month of December. As of December 15th, there was short interest totalling 1,380,000 shares, a drop of 52.1% from the November 30th total of 2,880,000 shares. Based on an average trading volume of 6,136,700 shares, the short-interest ratio is presently 0.2 days.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock traded down $0.15 during trading on Friday, hitting $71.75. The company’s stock had a trading volume of 9,018,612 shares, compared to its average volume of 6,568,124. The stock’s fifty day moving average is $72.85 and its 200 day moving average is $73.46. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a dividend of $0.2334 per share. The ex-dividend date was Tuesday, December 24th. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Anfield Capital Management LLC boosted its stake in shares of Vanguard Total Bond Market ETF by 4,650.0% during the 2nd quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock valued at $34,000 after buying an additional 465 shares during the last quarter. Family Asset Management LLC bought a new position in Vanguard Total Bond Market ETF during the 2nd quarter valued at $40,000. Future Financial Wealth Managment LLC acquired a new position in Vanguard Total Bond Market ETF during the 3rd quarter worth $46,000. Northwest Investment Counselors LLC bought a new stake in shares of Vanguard Total Bond Market ETF in the 3rd quarter worth about $46,000. Finally, Abich Financial Wealth Management LLC raised its stake in shares of Vanguard Total Bond Market ETF by 289.9% in the 2nd quarter. Abich Financial Wealth Management LLC now owns 620 shares of the company’s stock valued at $45,000 after purchasing an additional 461 shares in the last quarter.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.