Short Interest in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Declines By 49.4%

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) saw a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 182,369 shares, a decline of 49.4% from the June 30th total of 360,252 shares. Based on an average daily volume of 1,453,882 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.0% of the shares of the company are sold short.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock traded down $0.25 during trading on Wednesday, hitting $75.61. The company had a trading volume of 1,071,188 shares, compared to its average volume of 1,961,257. The company has a fifty day moving average price of $76.27 and a two-hundred day moving average price of $77.09. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.35 and a fifty-two week high of $79.08.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BIV. Diversify Advisory Services LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 602.7% during the 2nd quarter. Diversify Advisory Services LLC now owns 20,834 shares of the company’s stock worth $1,610,000 after purchasing an additional 17,869 shares during the last quarter. Diversify Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF in the 2nd quarter valued at about $250,000. Raymond James Financial Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 20.1% during the 2nd quarter. Raymond James Financial Inc. now owns 1,923,304 shares of the company’s stock worth $148,748,000 after buying an additional 322,207 shares during the period. Ausdal Financial Partners Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 0.8% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 32,739 shares of the company’s stock worth $2,532,000 after buying an additional 264 shares during the period. Finally, Jane Street Group LLC acquired a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $17,088,000.

Vanguard Intermediate-Term Bond ETF Company Profile

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.