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

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the recipient of a significant decline in short interest in November. As of November 30th, there was short interest totalling 1,120,000 shares, a decline of 26.3% from the November 15th total of 1,520,000 shares. Based on an average daily volume of 2,779,500 shares, the days-to-cover ratio is presently 0.4 days.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

VGIT stock traded down $0.18 during mid-day trading on Friday, hitting $58.43. The stock had a trading volume of 1,701,767 shares, compared to its average volume of 2,546,962. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $57.03 and a 1-year high of $60.82. The company has a fifty day moving average of $58.86 and a 200 day moving average of $59.13.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were given a dividend of $0.1855 per share. This represents a $2.23 annualized dividend and a yield of 3.81%. The ex-dividend date was Friday, November 1st. This is a positive change from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18.

Institutional Trading of Vanguard Intermediate-Term Treasury Index ETF

A number of institutional investors have recently added to or reduced their stakes in VGIT. Employees Retirement System of Texas lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 126,282.4% in the 2nd quarter. Employees Retirement System of Texas now owns 21,485,000 shares of the company’s stock valued at $1,251,072,000 after purchasing an additional 21,468,000 shares during the last quarter. Kovitz Investment Group Partners LLC acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF in the third quarter worth about $68,099,000. Summit Trail Advisors LLC boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 36.2% during the 3rd quarter. Summit Trail Advisors LLC now owns 3,992,551 shares of the company’s stock worth $241,230,000 after acquiring an additional 1,060,467 shares in the last quarter. Creative Planning increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 8.9% during the 2nd quarter. Creative Planning now owns 10,726,477 shares of the company’s stock valued at $624,603,000 after acquiring an additional 880,734 shares during the last quarter. Finally, Migdal Insurance & Financial Holdings Ltd. bought a new position in shares of Vanguard Intermediate-Term Treasury Index ETF in the 2nd quarter valued at approximately $48,681,000.

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.