Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Significant Decrease in Short Interest

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 5,670,000 shares, a decrease of 26.3% from the February 28th total of 7,690,000 shares. Currently, 3.1% of the company’s stock are sold short. Based on an average trading volume of 2,684,400 shares, the days-to-cover ratio is currently 2.1 days.

Vanguard Long-Term Corporate Bond ETF Stock Performance

VCLT opened at $75.61 on Monday. The business has a 50 day moving average price of $75.78 and a 200 day moving average price of $77.05. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $72.86 and a twelve month high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.3032 dividend. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of VCLT. Captrust Financial Advisors grew its holdings in Vanguard Long-Term Corporate Bond ETF by 21.6% in the 3rd quarter. Captrust Financial Advisors now owns 3,829 shares of the exchange traded fund’s stock valued at $311,000 after buying an additional 681 shares during the last quarter. Tradition Wealth Management LLC acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the third quarter worth $1,330,000. Alerus Financial NA increased its position in Vanguard Long-Term Corporate Bond ETF by 0.5% during the third quarter. Alerus Financial NA now owns 398,266 shares of the exchange traded fund’s stock worth $32,351,000 after acquiring an additional 1,979 shares during the period. Benjamin Edwards Inc. raised its stake in Vanguard Long-Term Corporate Bond ETF by 1,479.4% during the 3rd quarter. Benjamin Edwards Inc. now owns 291,122 shares of the exchange traded fund’s stock valued at $23,648,000 after purchasing an additional 272,690 shares during the last quarter. Finally, Ascent Group LLC boosted its holdings in Vanguard Long-Term Corporate Bond ETF by 21.8% in the 3rd quarter. Ascent Group LLC now owns 13,005 shares of the exchange traded fund’s stock valued at $1,056,000 after purchasing an additional 2,332 shares during the period.

About Vanguard Long-Term Corporate Bond ETF

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-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.