Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) Sees Significant Drop in Short Interest

Vanguard ESG U.S. Corporate Bond ETF (BATS:VCEB) was the recipient of a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 51,101 shares, a drop of 39.4% from the August 15th total of 84,275 shares. Based on an average daily volume of 150,582 shares, the short-interest ratio is currently 0.3 days. Approximately 0.4% of the company’s shares are short sold.

Hedge Funds Weigh In On Vanguard ESG U.S. Corporate Bond ETF

A number of large investors have recently made changes to their positions in VCEB. Allworth Financial LP lifted its position in shares of Vanguard ESG U.S. Corporate Bond ETF by 6.1% in the second quarter. Allworth Financial LP now owns 19,350 shares of the company’s stock worth $1,214,000 after purchasing an additional 1,107 shares in the last quarter. Citadel Advisors LLC increased its stake in Vanguard ESG U.S. Corporate Bond ETF by 132.0% in the 2nd quarter. Citadel Advisors LLC now owns 72,427 shares of the company’s stock valued at $4,546,000 after buying an additional 41,214 shares during the period. Continuum Advisory LLC acquired a new position in Vanguard ESG U.S. Corporate Bond ETF in the 2nd quarter valued at approximately $219,000. Scott Capital Advisors LLC lifted its position in Vanguard ESG U.S. Corporate Bond ETF by 40.6% in the 2nd quarter. Scott Capital Advisors LLC now owns 25,826 shares of the company’s stock worth $1,621,000 after buying an additional 7,456 shares in the last quarter. Finally, Ferguson Shapiro LLC acquired a new stake in shares of Vanguard ESG U.S. Corporate Bond ETF during the 2nd quarter valued at $400,000.

Vanguard ESG U.S. Corporate Bond ETF Stock Performance

VCEB opened at $60.50 on Wednesday. The stock has a fifty day moving average of $61.49 and a 200-day moving average of $62.37. Vanguard ESG U.S. Corporate Bond ETF has a 12-month low of $60.40 and a 12-month high of $64.90.

About Vanguard ESG U.S. Corporate Bond ETF

The Vanguard ESG U.S. Corporate Bond ETF (VCEB) is an exchange-traded fund that is based on the Bloomberg MSCI US Corp SRI Select index. The fund tracks an index of US investment-grade corporate bonds of varying maturities, selected based on certain ESG traits provided by MSCI ESG research. VCEB was launched on Sep 22, 2020 and is managed by Vanguard.