Short Interest in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Increases By 65.3%

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGITGet Free Report) was the target of a large growth in short interest during the month of January. As of January 31st, there was short interest totalling 1,230,000 shares, a growth of 65.3% from the January 15th total of 743,900 shares. Based on an average daily trading volume, of 2,627,800 shares, the days-to-cover ratio is currently 0.5 days.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.1 %

Shares of NASDAQ:VGIT traded up $0.04 during midday trading on Monday, hitting $58.60. 1,210,463 shares of the stock were exchanged, compared to its average volume of 2,291,892. The company has a 50 day moving average price of $58.99 and a 200-day moving average price of $57.99. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $56.07 and a twelve month high of $60.94.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, February 6th. Investors of record on Friday, February 2nd were paid a $0.1674 dividend. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.17. The ex-dividend date was Thursday, February 1st. This represents a $2.01 annualized dividend and a yield of 3.43%.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in VGIT. Anchor Investment Management LLC acquired a new position in Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter valued at about $25,000. Bogart Wealth LLC grew its holdings in Vanguard Intermediate-Term Treasury Index ETF by 73.0% in the 2nd quarter. Bogart Wealth LLC now owns 474 shares of the company’s stock valued at $28,000 after buying an additional 200 shares during the period. Pacific Capital Wealth Advisors Inc. purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF in the 4th quarter valued at about $29,000. First Financial Corp IN purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter valued at about $30,000. Finally, Householder Group Estate & Retirement Specialist LLC purchased a new stake in Vanguard Intermediate-Term Treasury Index ETF in the 3rd quarter valued at about $31,000.

About Vanguard Intermediate-Term Treasury Index ETF

(Get Free Report)

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.

Further Reading

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