Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Sees Large Increase in Short Interest

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the target of a significant growth in short interest during the month of November. As of November 15th, there was short interest totalling 1,520,000 shares, a growth of 60.2% from the October 31st total of 948,900 shares. Based on an average daily volume of 2,799,200 shares, the short-interest ratio is presently 0.5 days.

Institutional Investors Weigh In On Vanguard Intermediate-Term Treasury Index ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Fifth Third Bancorp raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% during the second quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock worth $28,000 after purchasing an additional 200 shares during the period. Aspire Private Capital LLC grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 1,672.4% during the 2nd quarter. Aspire Private Capital LLC now owns 514 shares of the company’s stock valued at $30,000 after buying an additional 485 shares during the last quarter. GAMMA Investing LLC acquired a new stake in Vanguard Intermediate-Term Treasury Index ETF during the second quarter worth about $31,000. Hobbs Group Advisors LLC bought a new position in Vanguard Intermediate-Term Treasury Index ETF in the second quarter worth about $31,000. Finally, Morton Brown Family Wealth LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF in the second quarter valued at approximately $35,000.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

Shares of Vanguard Intermediate-Term Treasury Index ETF stock opened at $58.85 on Friday. The business has a 50-day moving average price of $59.17 and a 200 day moving average price of $59.06. Vanguard Intermediate-Term Treasury Index ETF has a fifty-two week low of $57.03 and a fifty-two week high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.1855 dividend. This represents a $2.23 dividend on an annualized basis and a dividend yield of 3.78%. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, November 1st.

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.