Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Stock Short Interest Climbs 244.5%

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 519,580 shares, a growth of 244.5% from the August 31st total of 150,815 shares. Based on an average trading volume of 1,793,983 shares, the short-interest ratio is presently 0.3 days. Currently, 0.1% of the company’s shares are sold short.

Institutional Investors Weigh In On Vanguard Intermediate-Term Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Wells Fargo & Company MN boosted its holdings in Vanguard Intermediate-Term Bond ETF by 5.1% during the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after buying an additional 1,249,895 shares during the last quarter. Envestnet Asset Management Inc. grew its position in shares of Vanguard Intermediate-Term Bond ETF by 2.9% during the 2nd quarter. Envestnet Asset Management Inc. now owns 24,235,046 shares of the company’s stock worth $1,858,828,000 after buying an additional 680,629 shares during the period. Northwestern Mutual Wealth Management Co. increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 6.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 12,822,370 shares of the company’s stock valued at $983,476,000 after acquiring an additional 752,384 shares during the last quarter. Bank of America Corp DE increased its stake in shares of Vanguard Intermediate-Term Bond ETF by 8.1% in the 1st quarter. Bank of America Corp DE now owns 7,183,505 shares of the company’s stock valued at $554,423,000 after acquiring an additional 541,131 shares during the last quarter. Finally, Baird Financial Group Inc. raised its position in shares of Vanguard Intermediate-Term Bond ETF by 10.4% in the 2nd quarter. Baird Financial Group Inc. now owns 6,176,904 shares of the company’s stock valued at $473,769,000 after acquiring an additional 580,427 shares during the period.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Bond ETF stock traded up $0.20 on Friday, hitting $73.34. 2,520,356 shares of the company’s stock traded hands, compared to its average volume of 1,888,268. The firm’s 50-day moving average price is $75.09 and its two-hundred day moving average price is $76.18. Vanguard Intermediate-Term Bond ETF has a one year low of $73.03 and a one year high of $79.08.

About Vanguard Intermediate-Term Bond ETF

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.