Vanguard Total Bond Market ETF (NASDAQ:BND) Sees Large Decline in Short Interest

Vanguard Total Bond Market ETF (NASDAQ:BNDGet Free Report) saw a large drop in short interest in the month of August. As of August 31st, there was short interest totaling 3,371,131 shares, a drop of 46.6% from the August 15th total of 6,309,373 shares. Based on an average trading volume of 6,976,509 shares, the short-interest ratio is currently 0.5 days. Approximately 0.2% of the shares of the company are sold short.

Vanguard Total Bond Market ETF Trading Down 0.1%

Shares of Vanguard Total Bond Market ETF stock opened at $71.11 on Thursday. Vanguard Total Bond Market ETF has a 52-week low of $71.03 and a 52-week high of $75.23. The company’s 50-day simple moving average is $72.24 and its 200-day simple moving average is $73.04.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in BND. TOP Private Wealth LLC. purchased a new stake in Vanguard Total Bond Market ETF during the second quarter worth $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the fourth quarter valued at $26,000. Whittier Trust Co. of Nevada Inc. increased its position in shares of Vanguard Total Bond Market ETF by 159.7% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 387 shares of the company’s stock valued at $28,000 after buying an additional 238 shares in the last quarter. Kingdom Financial Group LLC. acquired a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $43,000. Finally, AG Campbell Advisory LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the 4th quarter worth $50,000.

About Vanguard Total Bond Market ETF

(Get Free Report)

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.

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