Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Sees Large Drop in Short Interest

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the target of a large decline in short interest in January. As of January 31st, there was short interest totalling 15,770,000 shares, a decline of 21.8% from the January 15th total of 20,170,000 shares. Based on an average daily volume of 6,168,900 shares, the days-to-cover ratio is currently 2.6 days.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.6 %

Shares of VCIT opened at $80.68 on Friday. The firm’s 50 day moving average price is $80.59 and its 200 day moving average price is $81.75. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.80 and a twelve month high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a $0.3129 dividend. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date of this dividend was Monday, February 3rd.

Hedge Funds Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

Large investors have recently made changes to their positions in the company. Friedenthal Financial boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.6% during the 3rd quarter. Friedenthal Financial now owns 22,241 shares of the company’s stock valued at $1,863,000 after purchasing an additional 124 shares in the last quarter. Trustmark National Bank Trust Department grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.9% in the third quarter. Trustmark National Bank Trust Department now owns 14,299 shares of the company’s stock worth $1,198,000 after purchasing an additional 134 shares during the last quarter. Vicus Capital boosted its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.7% during the 3rd quarter. Vicus Capital now owns 20,489 shares of the company’s stock valued at $1,716,000 after buying an additional 135 shares in the last quarter. Geneos Wealth Management Inc. boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.9% during the fourth quarter. Geneos Wealth Management Inc. now owns 7,424 shares of the company’s stock valued at $596,000 after buying an additional 138 shares during the last quarter. Finally, Kingsview Wealth Management LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 0.8% during the 3rd quarter. Kingsview Wealth Management LLC now owns 16,824 shares of the company’s stock valued at $1,409,000 after acquiring an additional 139 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.