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

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the target of a significant increase in short interest during the month of November. As of November 15th, there was short interest totalling 1,520,000 shares, an increase of 60.2% from the October 31st total of 948,900 shares. Based on an average trading volume of 2,799,200 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Vanguard Intermediate-Term Treasury Index ETF

A number of institutional investors have recently added to or reduced their stakes in VGIT. Synovus Financial Corp lifted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 81.9% in the 3rd quarter. Synovus Financial Corp now owns 167,028 shares of the company’s stock worth $10,092,000 after acquiring an additional 75,221 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Vanguard Intermediate-Term Treasury Index ETF in the third quarter worth $1,259,000. World Investment Advisors LLC boosted its stake in Vanguard Intermediate-Term Treasury Index ETF by 14.4% during the third quarter. World Investment Advisors LLC now owns 181,371 shares of the company’s stock worth $10,958,000 after buying an additional 22,819 shares in the last quarter. Sanctuary Advisors LLC increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 54.7% in the 3rd quarter. Sanctuary Advisors LLC now owns 122,000 shares of the company’s stock valued at $7,119,000 after buying an additional 43,161 shares during the period. Finally, M&T Bank Corp raised its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 32.6% in the 3rd quarter. M&T Bank Corp now owns 178,493 shares of the company’s stock valued at $10,785,000 after buying an additional 43,921 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.3 %

NASDAQ:VGIT opened at $59.03 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $57.03 and a one year high of $60.82. The company has a fifty day moving average price of $59.14 and a 200 day moving average price of $59.08.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a dividend of $0.1855 per share. The ex-dividend date of this dividend was Friday, November 1st. This represents a $2.23 dividend on an annualized basis and a dividend yield of 3.77%. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18.

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.