Short Interest in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Declines By 37.6%

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 472,400 shares, a decrease of 37.6% from the March 15th total of 757,100 shares. Based on an average trading volume of 3,761,100 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Trading of Vanguard Intermediate-Term Treasury Index ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Cornerstone Wealth Management LLC raised its holdings in Vanguard Intermediate-Term Treasury Index ETF by 138.1% in the 1st quarter. Cornerstone Wealth Management LLC now owns 12,283 shares of the company’s stock worth $730,000 after acquiring an additional 7,125 shares during the period. Roth Financial Partners LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 9.0% during the 1st quarter. Roth Financial Partners LLC now owns 253,463 shares of the company’s stock valued at $15,056,000 after purchasing an additional 20,925 shares during the period. CENTRAL TRUST Co grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 40.4% in the 1st quarter. CENTRAL TRUST Co now owns 1,507 shares of the company’s stock valued at $90,000 after buying an additional 434 shares during the last quarter. Robertson Stephens Wealth Management LLC lifted its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 3,307.1% during the first quarter. Robertson Stephens Wealth Management LLC now owns 486,226 shares of the company’s stock worth $28,882,000 after buying an additional 471,955 shares during the last quarter. Finally, Claris Advisors LLC MO boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 8.9% in the first quarter. Claris Advisors LLC MO now owns 41,771 shares of the company’s stock valued at $2,481,000 after acquiring an additional 3,428 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of NASDAQ VGIT opened at $59.29 on Friday. The business’s 50-day simple moving average is $58.98 and its 200-day simple moving average is $58.68. Vanguard Intermediate-Term Treasury Index ETF has a 52 week low of $57.03 and a 52 week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were given a $0.1964 dividend. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.19. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $2.36 dividend on an annualized basis and a dividend yield of 3.98%.

About Vanguard Intermediate-Term Treasury Index ETF

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