Short Interest in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Grows By 37.0%

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the recipient of a significant growth in short interest during the month of October. As of October 31st, there was short interest totalling 948,900 shares, a growth of 37.0% from the October 15th total of 692,500 shares. Based on an average daily trading volume, of 2,705,700 shares, the days-to-cover ratio is presently 0.4 days.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

VGIT stock traded up $0.10 during mid-day trading on Friday, reaching $58.31. 1,901,716 shares of the company’s stock were exchanged, compared to its average volume of 2,560,044. The stock’s 50 day moving average is $59.63 and its 200 day moving average is $59.00. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a $0.1855 dividend. This represents a $2.23 annualized dividend and a dividend yield of 3.82%. The ex-dividend date of this dividend was Friday, November 1st. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Swmg LLC purchased a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the third quarter valued at about $213,000. IHT Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 183.8% during the 3rd quarter. IHT Wealth Management LLC now owns 10,218 shares of the company’s stock worth $617,000 after buying an additional 6,618 shares during the last quarter. Iron Gate Global Advisors LLC raised its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 26.0% during the 3rd quarter. Iron Gate Global Advisors LLC now owns 18,153 shares of the company’s stock valued at $1,097,000 after buying an additional 3,751 shares during the period. Janus Henderson Group PLC lifted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 29.3% in the third quarter. Janus Henderson Group PLC now owns 18,140 shares of the company’s stock valued at $1,096,000 after acquiring an additional 4,114 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in Vanguard Intermediate-Term Treasury Index ETF by 8.4% in the third quarter. HighTower Advisors LLC now owns 2,532,606 shares of the company’s stock worth $153,017,000 after acquiring an additional 195,413 shares during the period.

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.