Short Interest in Vanguard Total Bond Market ETF (NASDAQ:BND) Rises By 18.7%

Vanguard Total Bond Market ETF (NASDAQ:BND) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 4,356,694 shares, an increase of 18.7% from the February 26th total of 3,669,951 shares. Currently, 0.2% of the company’s stock are short sold. Based on an average trading volume of 9,513,795 shares, the short-interest ratio is presently 0.5 days.

Vanguard Total Bond Market ETF Stock Up 0.5%

NASDAQ BND opened at $73.88 on Tuesday. The firm’s fifty day simple moving average is $74.20 and its two-hundred day simple moving average is $74.33. Vanguard Total Bond Market ETF has a 12-month low of $71.41 and a 12-month high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a dividend of $0.2278 per share. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, March 2nd.

Institutional Investors Weigh In On Vanguard Total Bond Market ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Charis Legacy Partners LLC raised its position in Vanguard Total Bond Market ETF by 20.9% during the third quarter. Charis Legacy Partners LLC now owns 55,032 shares of the company’s stock valued at $4,093,000 after acquiring an additional 9,519 shares in the last quarter. HighTower Advisors LLC boosted its holdings in Vanguard Total Bond Market ETF by 6.1% during the third quarter. HighTower Advisors LLC now owns 3,990,437 shares of the company’s stock worth $296,769,000 after buying an additional 227,732 shares in the last quarter. Alesco Advisors LLC grew its position in Vanguard Total Bond Market ETF by 14.9% during the third quarter. Alesco Advisors LLC now owns 2,265,590 shares of the company’s stock valued at $168,492,000 after buying an additional 294,238 shares during the period. Estate Counselors LLC increased its holdings in Vanguard Total Bond Market ETF by 6.3% in the third quarter. Estate Counselors LLC now owns 195,070 shares of the company’s stock valued at $14,507,000 after buying an additional 11,590 shares in the last quarter. Finally, D.A. Davidson & CO. raised its position in shares of Vanguard Total Bond Market ETF by 1.4% in the third quarter. D.A. Davidson & CO. now owns 502,981 shares of the company’s stock worth $37,407,000 after acquiring an additional 6,843 shares during the period.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.