Short Interest in Vanguard Total Bond Market ETF (NASDAQ:BND) Decreases By 37.5%

Vanguard Total Bond Market ETF (NASDAQ:BND) was the target of a large decrease in short interest in the month of May. As of May 29th, there was short interest totaling 5,734,071 shares, a decrease of 37.5% from the May 14th total of 9,169,946 shares. Based on an average daily trading volume, of 9,027,352 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s shares are short sold.

Vanguard Total Bond Market ETF Price Performance

Vanguard Total Bond Market ETF stock opened at $73.41 on Wednesday. The firm has a 50 day simple moving average of $73.36 and a 200-day simple moving average of $73.90. Vanguard Total Bond Market ETF has a 1-year low of $72.34 and a 1-year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a $0.2473 dividend. The ex-dividend date of this dividend was Monday, June 1st. This represents a c) annualized dividend and a dividend yield of 4.0%.

Institutional Trading of Vanguard Total Bond Market ETF

Several hedge funds have recently made changes to their positions in the company. Steelhead Wealth Management LLC purchased a new stake in shares of Vanguard Total Bond Market ETF in the 1st quarter valued at approximately $4,728,000. Stillwater Private Wealth LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter worth approximately $240,000. Keel Point LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 1.3% in the 1st quarter. Keel Point LLC now owns 81,191 shares of the company’s stock worth $5,979,000 after acquiring an additional 1,015 shares during the last quarter. Krane Financial Solutions LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 1st quarter worth approximately $1,910,000. Finally, Tenret Co LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 1.0% in the 1st quarter. Tenret Co LLC now owns 41,839 shares of the company’s stock worth $3,081,000 after acquiring an additional 426 shares during 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.