Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Grows By 25.6%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) saw a large growth in short interest in February. As of February 28th, there was short interest totalling 1,670,000 shares, a growth of 25.6% from the February 13th total of 1,330,000 shares. Based on an average trading volume of 2,666,800 shares, the days-to-cover ratio is currently 0.6 days. Approximately 0.9% of the company’s stock are short sold.

Vanguard Long-Term Treasury Index ETF Stock Up 0.2 %

Shares of VGLT opened at $57.38 on Wednesday. Vanguard Long-Term Treasury Index ETF has a twelve month low of $53.80 and a twelve month high of $63.41. The company has a 50 day moving average of $56.23 and a 200-day moving average of $57.85.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.1893 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Hedge Funds Weigh In On Vanguard Long-Term Treasury Index ETF

Hedge funds have recently made changes to their positions in the business. Peterson Financial Group Inc. bought a new position in shares of Vanguard Long-Term Treasury Index ETF in the third quarter valued at $173,000. Cassaday & Co Wealth Management LLC grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 91.7% in the third quarter. Cassaday & Co Wealth Management LLC now owns 3,836,692 shares of the company’s stock valued at $236,110,000 after buying an additional 1,835,116 shares in the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 117.4% in the third quarter. EverSource Wealth Advisors LLC now owns 27,838 shares of the company’s stock valued at $1,713,000 after buying an additional 15,032 shares in the last quarter. Running Point Capital Advisors LLC grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 3.5% in the third quarter. Running Point Capital Advisors LLC now owns 24,236 shares of the company’s stock valued at $1,491,000 after buying an additional 815 shares in the last quarter. Finally, 49 Wealth Management LLC grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 40.8% in the third quarter. 49 Wealth Management LLC now owns 327,216 shares of the company’s stock valued at $20,137,000 after buying an additional 94,823 shares in the last quarter.

Vanguard Long-Term Treasury Index ETF Company Profile

Vanguard Long Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.