Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Sees Significant Decline in Short Interest

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) saw a large drop in short interest in December. As of December 15th, there was short interest totalling 532,500 shares, a drop of 52.5% from the November 30th total of 1,120,000 shares. Based on an average trading volume of 2,766,000 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Vanguard Intermediate-Term Treasury Index ETF

A number of institutional investors and hedge funds have recently bought and sold shares of VGIT. Dopkins Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 14.9% in the 2nd quarter. Dopkins Wealth Management LLC now owns 19,375 shares of the company’s stock worth $1,128,000 after purchasing an additional 2,518 shares in the last quarter. North Ridge Wealth Advisors Inc. boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 2.7% in the second quarter. North Ridge Wealth Advisors Inc. now owns 181,078 shares of the company’s stock worth $10,544,000 after purchasing an additional 4,802 shares during the last quarter. Bryn Mawr Capital Management LLC raised its stake in Vanguard Intermediate-Term Treasury Index ETF by 110.7% during the 2nd quarter. Bryn Mawr Capital Management LLC now owns 11,515 shares of the company’s stock valued at $671,000 after buying an additional 6,051 shares during the last quarter. Pinnacle Associates Ltd. boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 11.4% in the 2nd quarter. Pinnacle Associates Ltd. now owns 43,380 shares of the company’s stock worth $2,526,000 after buying an additional 4,453 shares during the last quarter. Finally, Foster Group Inc. grew its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 6.9% in the second quarter. Foster Group Inc. now owns 1,998,790 shares of the company’s stock worth $116,390,000 after acquiring an additional 129,803 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT traded down $0.07 during midday trading on Friday, reaching $57.78. The company’s stock had a trading volume of 2,870,986 shares, compared to its average volume of 2,570,482. The stock’s 50-day moving average is $58.55 and its 200-day moving average is $59.15. Vanguard Intermediate-Term Treasury Index ETF has a 1 year low of $57.03 and a 1 year high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.1901 per share. The ex-dividend date was Tuesday, December 24th. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19.

Vanguard Intermediate-Term Treasury Index ETF Company Profile

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.