Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Short Interest Up 145.8% in September

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw a significant growth in short interest during the month of September. As of September 15th, there was short interest totalling 946,800 shares, a growth of 145.8% from the August 31st total of 385,200 shares. Based on an average trading volume of 2,011,800 shares, the days-to-cover ratio is currently 0.5 days.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Vanguard Intermediate-Term Treasury Index ETF stock opened at $60.59 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 12 month low of $56.07 and a 12 month high of $60.82. The stock’s 50-day moving average is $59.95 and its 200-day moving average is $58.69.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were paid a $0.1851 dividend. The ex-dividend date was Tuesday, September 3rd. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.18.

Institutional Trading of Vanguard Intermediate-Term Treasury Index ETF

A number of institutional investors have recently added to or reduced their stakes in the business. United Community Bank raised its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 3.2% during the fourth quarter. United Community Bank now owns 5,901 shares of the company’s stock valued at $350,000 after purchasing an additional 181 shares during the period. Angeles Wealth Management LLC lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 7.9% in the 2nd quarter. Angeles Wealth Management LLC now owns 2,489 shares of the company’s stock worth $145,000 after buying an additional 182 shares in the last quarter. Fifth Third Bancorp boosted its position in Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the 2nd quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock valued at $28,000 after buying an additional 200 shares during the last quarter. Pineridge Advisors LLC grew its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 21.2% during the second quarter. Pineridge Advisors LLC now owns 1,182 shares of the company’s stock valued at $69,000 after acquiring an additional 207 shares in the last quarter. Finally, US Bancorp DE increased its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 1.6% during the fourth quarter. US Bancorp DE now owns 14,053 shares of the company’s stock worth $834,000 after acquiring an additional 219 shares during the last quarter.

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.