Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sees Large Drop in Short Interest

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) was the recipient of a significant drop in short interest in May. As of May 29th, there was short interest totaling 113,126 shares, a drop of 61.1% from the May 14th total of 290,742 shares. Currently, 0.0% of the company’s stock are short sold. Based on an average trading volume of 1,762,222 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Vanguard Intermediate-Term Bond ETF

Several hedge funds have recently added to or reduced their stakes in the company. Midwest Financial Network LLC boosted its holdings in Vanguard Intermediate-Term Bond ETF by 1.0% in the first quarter. Midwest Financial Network LLC now owns 46,984 shares of the company’s stock valued at $3,626,000 after purchasing an additional 485 shares in the last quarter. Parallel Advisors LLC increased its stake in Vanguard Intermediate-Term Bond ETF by 22.7% in the first quarter. Parallel Advisors LLC now owns 28,950 shares of the company’s stock valued at $2,234,000 after purchasing an additional 5,352 shares during the last quarter. Mullaney Keating & Wright Inc. increased its stake in Vanguard Intermediate-Term Bond ETF by 8.1% in the first quarter. Mullaney Keating & Wright Inc. now owns 16,996 shares of the company’s stock valued at $1,312,000 after purchasing an additional 1,268 shares during the last quarter. Security Financial Services INC. increased its stake in Vanguard Intermediate-Term Bond ETF by 2.2% in the first quarter. Security Financial Services INC. now owns 13,769 shares of the company’s stock valued at $1,063,000 after purchasing an additional 293 shares during the last quarter. Finally, WNY Asset Management LLC purchased a new position in Vanguard Intermediate-Term Bond ETF in the first quarter valued at approximately $6,388,000.

Vanguard Intermediate-Term Bond ETF Stock Down 0.1%

NYSEARCA:BIV traded down $0.10 during mid-day trading on Friday, hitting $76.48. The stock had a trading volume of 1,646,901 shares, compared to its average volume of 2,059,566. The stock has a 50-day simple moving average of $76.79 and a two-hundred day simple moving average of $77.53. Vanguard Intermediate-Term Bond ETF has a twelve month low of $75.63 and a twelve month high of $79.08.

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.