Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Up 50.2% in October

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the recipient of a large growth in short interest during the month of October. As of October 15th, there was short interest totalling 16,960,000 shares, a growth of 50.2% from the September 30th total of 11,290,000 shares. Based on an average daily trading volume, of 6,817,700 shares, the short-interest ratio is currently 2.5 days.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Insight Advisors LLC PA acquired a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 2nd quarter valued at $228,000. Vanguard Group Inc. raised its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 9.2% in the first quarter. Vanguard Group Inc. now owns 3,404,481 shares of the company’s stock valued at $274,095,000 after buying an additional 286,685 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 4.6% during the second quarter. Bank of New York Mellon Corp now owns 1,705,190 shares of the company’s stock worth $136,296,000 after buying an additional 75,446 shares during the period. First Pacific Financial grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.1% during the second quarter. First Pacific Financial now owns 275,356 shares of the company’s stock worth $22,009,000 after buying an additional 15,950 shares during the last quarter. Finally, Hexagon Capital Partners LLC increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 40.5% in the 1st quarter. Hexagon Capital Partners LLC now owns 22,888 shares of the company’s stock valued at $1,843,000 after acquiring an additional 6,599 shares during the period.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

NASDAQ VCIT traded down $0.19 during trading hours on Monday, hitting $81.52. The company had a trading volume of 3,819,487 shares, compared to its average volume of 6,998,188. The business has a 50 day moving average of $83.06 and a 200-day moving average of $81.12. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $74.32 and a 1-year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a $0.301 dividend. The ex-dividend date was Tuesday, September 3rd. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.29.

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.