Short Interest in Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Declines By 22.3%

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) was the target of a large decline in short interest during the month of March. As of March 31st, there was short interest totaling 773,560 shares, a decline of 22.3% from the March 15th total of 994,992 shares. Based on an average daily volume of 3,566,513 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the shares of the company are short sold.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.1%

NASDAQ:VGIT opened at $59.59 on Thursday. Vanguard Intermediate-Term Treasury ETF has a one year low of $58.60 and a one year high of $60.76. The company has a fifty day moving average price of $59.84 and a 200 day moving average price of $59.98.

Vanguard Intermediate-Term Treasury ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.1959 dividend. This is a boost from Vanguard Intermediate-Term Treasury ETF’s previous monthly dividend of $0.17. The ex-dividend date of this dividend was Wednesday, April 1st. This represents a c) dividend on an annualized basis and a yield of 3.9%.

Institutional Trading of Vanguard Intermediate-Term Treasury ETF

A number of hedge funds have recently bought and sold shares of the stock. JPMorgan Chase & Co. boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 7.7% in the 4th quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock valued at $4,632,238,000 after purchasing an additional 5,493,522 shares during the period. Bank of America Corp DE boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 3.3% in the 4th quarter. Bank of America Corp DE now owns 51,409,296 shares of the company’s stock valued at $3,080,959,000 after purchasing an additional 1,647,700 shares during the period. Morgan Stanley boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 14.0% in the 4th quarter. Morgan Stanley now owns 22,609,003 shares of the company’s stock valued at $1,354,958,000 after purchasing an additional 2,778,949 shares during the period. SCS Capital Management LLC boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 12.1% in the 4th quarter. SCS Capital Management LLC now owns 16,724,645 shares of the company’s stock valued at $1,002,308,000 after purchasing an additional 1,805,448 shares during the period. Finally, Creative Planning boosted its holdings in Vanguard Intermediate-Term Treasury ETF by 9.3% in the 3rd quarter. Creative Planning now owns 16,456,953 shares of the company’s stock valued at $987,910,000 after purchasing an additional 1,401,442 shares during the period.

About Vanguard Intermediate-Term Treasury 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. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.