Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Sees Significant Growth in Short Interest

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) saw a significant increase in short interest in the month of April. As of April 15th, there was short interest totaling 1,797,449 shares, an increase of 17.5% from the March 31st total of 1,529,096 shares. Approximately 1.0% of the company’s shares are sold short. Based on an average daily trading volume, of 1,390,765 shares, the days-to-cover ratio is presently 1.3 days.

Vanguard Long-Term Treasury ETF Stock Down 0.1%

Shares of VGLT stock opened at $54.73 on Friday. The company has a 50-day moving average of $55.78 and a two-hundred day moving average of $56.33. Vanguard Long-Term Treasury ETF has a 1-year low of $53.17 and a 1-year high of $58.44.

Vanguard Long-Term Treasury ETF Announces Dividend

The business also recently announced a monthly dividend, which will be paid on Tuesday, May 5th. Shareholders of record on Friday, May 1st will be paid a dividend of $0.2099 per share. This represents a c) annualized dividend and a yield of 4.6%. The ex-dividend date of this dividend is Friday, May 1st.

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of VGLT. Commonwealth Retirement Investments LLC purchased a new position in Vanguard Long-Term Treasury ETF during the fourth quarter worth about $26,000. Howe & Rusling Inc. purchased a new position in Vanguard Long-Term Treasury ETF during the third quarter worth about $32,000. First Horizon Corp purchased a new position in Vanguard Long-Term Treasury ETF during the third quarter worth about $33,000. Aptus Capital Advisors LLC boosted its stake in shares of Vanguard Long-Term Treasury ETF by 123.9% in the fourth quarter. Aptus Capital Advisors LLC now owns 591 shares of the company’s stock valued at $33,000 after purchasing an additional 327 shares during the period. Finally, Bogart Wealth LLC boosted its stake in shares of Vanguard Long-Term Treasury ETF by 88.0% in the fourth quarter. Bogart Wealth LLC now owns 613 shares of the company’s stock valued at $34,000 after purchasing an additional 287 shares during the period.

About Vanguard Long-Term Treasury ETF

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. Long Government Float Adjusted Index (the Index). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities greater than 10 years.