Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Grows By 99.1%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) saw a significant increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,750,000 shares, an increase of 99.1% from the December 15th total of 878,800 shares. Based on an average daily volume of 3,735,800 shares, the short-interest ratio is presently 0.5 days.

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

Several hedge funds and other institutional investors have recently made changes to their positions in VGLT. JFS Wealth Advisors LLC purchased a new position in Vanguard Long-Term Treasury Index ETF in the 3rd quarter valued at approximately $53,000. Bristlecone Advisors LLC bought a new position in Vanguard Long-Term Treasury Index ETF in the third quarter valued at $55,000. Concord Wealth Partners bought a new position in Vanguard Long-Term Treasury Index ETF in the third quarter valued at $62,000. Rakuten Securities Inc. increased its stake in Vanguard Long-Term Treasury Index ETF by 116.4% in the third quarter. Rakuten Securities Inc. now owns 1,448 shares of the company’s stock valued at $89,000 after acquiring an additional 779 shares during the last quarter. Finally, ORG Wealth Partners LLC bought a new position in Vanguard Long-Term Treasury Index ETF in the third quarter valued at $128,000.

Vanguard Long-Term Treasury Index ETF Trading Down 0.2 %

VGLT opened at $54.07 on Tuesday. The company has a fifty day moving average of $56.82 and a 200-day moving average of $58.86. Vanguard Long-Term Treasury Index ETF has a twelve month low of $53.89 and a twelve month high of $63.41.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were issued a dividend of $0.2075 per share. The ex-dividend date was Tuesday, December 24th.

About Vanguard Long-Term Treasury Index ETF

Vanguard Long Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.