Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sees Significant Decline in Short Interest

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) saw a large drop in short interest in the month of January. As of January 30th, there was short interest totaling 302,128 shares, a drop of 40.8% from the January 15th total of 510,243 shares. Based on an average trading volume of 2,384,409 shares, the short-interest ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold. Currently, 0.1% of the shares of the company are short sold. Based on an average trading volume of 2,384,409 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of Vanguard Intermediate-Term Bond ETF

A number of hedge funds have recently modified their holdings of the stock. NorthRock Partners LLC boosted its stake in shares of Vanguard Intermediate-Term Bond ETF by 2,298.5% in the second quarter. NorthRock Partners LLC now owns 1,583 shares of the company’s stock valued at $122,000 after buying an additional 1,517 shares during the period. Axxcess Wealth Management LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 15.1% during the 2nd quarter. Axxcess Wealth Management LLC now owns 20,242 shares of the company’s stock worth $1,566,000 after acquiring an additional 2,661 shares during the period. RFG Advisory LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 19.1% in the 2nd quarter. RFG Advisory LLC now owns 7,778 shares of the company’s stock valued at $602,000 after acquiring an additional 1,245 shares in the last quarter. Harbour Investments Inc. lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 4.8% during the 2nd quarter. Harbour Investments Inc. now owns 28,120 shares of the company’s stock valued at $2,175,000 after acquiring an additional 1,300 shares during the period. Finally, Mutual Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Bond ETF by 24.4% during the 2nd quarter. Mutual Advisors LLC now owns 82,005 shares of the company’s stock worth $6,299,000 after purchasing an additional 16,093 shares in the last quarter.

Vanguard Intermediate-Term Bond ETF Stock Up 0.3%

Shares of BIV stock traded up $0.26 on Friday, reaching $78.60. The stock had a trading volume of 2,053,766 shares, compared to its average volume of 2,295,992. Vanguard Intermediate-Term Bond ETF has a 12 month low of $74.44 and a 12 month high of $78.91. The firm’s 50-day moving average is $77.92 and its two-hundred day moving average is $78.01.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.2738 per share. This represents a c) dividend on an annualized basis and a yield of 4.2%. The ex-dividend date of this dividend was Monday, February 2nd.

Vanguard Intermediate-Term Bond ETF Company Profile

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.