Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Sees Significant Decline in Short Interest

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) saw a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 15,770,000 shares, a decrease of 21.8% from the January 15th total of 20,170,000 shares. Based on an average daily trading volume, of 6,168,900 shares, the days-to-cover ratio is currently 2.6 days.

Institutional Investors Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

Hedge funds have recently bought and sold shares of the stock. Marshall Financial Group Inc. ADV boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.5% in the 4th quarter. Marshall Financial Group Inc. ADV now owns 35,148 shares of the company’s stock worth $2,821,000 after purchasing an additional 2,139 shares in the last quarter. Kingsview Wealth Management LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 0.8% in the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock worth $1,409,000 after purchasing an additional 139 shares in the last quarter. Global Wealth Management Investment Advisory Inc. boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 4.1% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 207,407 shares of the company’s stock worth $17,370,000 after purchasing an additional 8,099 shares in the last quarter. SG Americas Securities LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at approximately $462,000. Finally, Haverford Trust Co purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter valued at approximately $380,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Vanguard Intermediate-Term Corporate Bond ETF stock opened at $80.98 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.25. The stock’s 50 day simple moving average is $80.53 and its two-hundred day simple moving average is $81.74.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were given a $0.3129 dividend. The ex-dividend date was Monday, February 3rd. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31.

About Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.