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

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 385,200 shares, a decline of 31.4% from the August 15th total of 561,900 shares. Based on an average daily volume of 1,916,800 shares, the short-interest ratio is currently 0.2 days.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT stock opened at $60.71 on Monday. The stock’s fifty day simple moving average is $59.61 and its two-hundred day simple moving average is $58.57. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $56.07 and a 1-year high of $60.79.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

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

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Staley Capital Advisers Inc. lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.4% during the 4th quarter. Staley Capital Advisers Inc. now owns 199,970 shares of the company’s stock valued at $11,862,000 after buying an additional 4,600 shares during the last quarter. Lake Street Advisors Group LLC lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 3.3% during the 4th quarter. Lake Street Advisors Group LLC now owns 610,125 shares of the company’s stock valued at $36,193,000 after buying an additional 19,369 shares during the last quarter. Leo Wealth LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 4th quarter valued at $482,000. Morningstar Investment Services LLC lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 90.2% during the 4th quarter. Morningstar Investment Services LLC now owns 4,034,396 shares of the company’s stock valued at $239,522,000 after buying an additional 1,913,658 shares during the last quarter. Finally, Arlington Financial Advisors LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the 1st quarter valued at $318,000.

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.