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

Vanguard Total Bond Market ETF (NASDAQ:BND) was the target of a significant growth in short interest in the month of October. As of October 31st, there was short interest totalling 1,650,000 shares, a growth of 6.5% from the October 15th total of 1,550,000 shares. Based on an average daily trading volume, of 5,737,800 shares, the short-interest ratio is presently 0.3 days.

Vanguard Total Bond Market ETF Stock Performance

BND stock traded up $0.02 during trading on Friday, hitting $72.48. The company had a trading volume of 18,467,423 shares, compared to its average volume of 6,581,755. The firm has a 50-day moving average price of $74.02 and a 200-day moving average price of $73.22. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.2276 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.73 dividend on an annualized basis and a dividend yield of 3.77%. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22.

Institutional Investors Weigh In On Vanguard Total Bond Market ETF

Several hedge funds have recently modified their holdings of BND. Anfield Capital Management LLC grew its holdings in Vanguard Total Bond Market ETF by 4,650.0% during the second quarter. Anfield Capital Management LLC now owns 475 shares of the company’s stock worth $34,000 after acquiring an additional 465 shares during the period. CVA Family Office LLC grew its stake in shares of Vanguard Total Bond Market ETF by 443.3% during the 2nd quarter. CVA Family Office LLC now owns 489 shares of the company’s stock worth $35,000 after purchasing an additional 399 shares during the period. Ridgewood Investments LLC purchased a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at about $38,000. Family Asset Management LLC acquired a new stake in shares of Vanguard Total Bond Market ETF in the second quarter valued at about $40,000. Finally, American National Bank purchased a new stake in Vanguard Total Bond Market ETF during the second quarter worth about $44,000.

About Vanguard Total Bond Market ETF

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.