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

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 12,490,000 shares, a decline of 25.7% from the February 28th total of 16,820,000 shares. Approximately 2.1% of the shares of the stock are sold short. Based on an average daily trading volume, of 6,779,100 shares, the short-interest ratio is presently 1.8 days.

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

Several large investors have recently made changes to their positions in VCIT. Truvestments Capital LLC lifted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 145.6% during the fourth quarter. Truvestments Capital LLC now owns 334 shares of the company’s stock valued at $27,000 after purchasing an additional 198 shares during the last quarter. Tortoise Investment Management LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at $28,000. Midwest Capital Advisors LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at $33,000. Transce3nd LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $35,000. Finally, Nvwm LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after acquiring an additional 149 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of Vanguard Intermediate-Term Corporate Bond ETF stock opened at $81.76 on Tuesday. The business has a fifty day simple moving average of $81.13 and a 200-day simple moving average of $81.47. Vanguard Intermediate-Term Corporate Bond ETF has a fifty-two week low of $77.80 and a fifty-two week high of $84.26.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2865 dividend. The ex-dividend date was Monday, March 3rd.

About Vanguard Intermediate-Term Corporate Bond ETF

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.