Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Update

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the target of a significant increase in short interest during the month of October. As of October 31st, there was short interest totalling 23,910,000 shares, an increase of 41.0% from the October 15th total of 16,960,000 shares. Based on an average daily volume of 6,875,300 shares, the days-to-cover ratio is currently 3.5 days.

Institutional Investors Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

Institutional investors have recently bought and sold shares of the stock. Providence Capital Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the third quarter valued at approximately $25,000. Bull Oak Capital LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter worth $27,000. Sound Income Strategies LLC increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% in the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after acquiring an additional 150 shares during the period. Pineridge Advisors LLC raised its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 57.3% during the first quarter. Pineridge Advisors LLC now owns 412 shares of the company’s stock valued at $33,000 after acquiring an additional 150 shares during the last quarter. Finally, American National Bank grew its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 70.7% in the second quarter. American National Bank now owns 471 shares of the company’s stock worth $38,000 after purchasing an additional 195 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

VCIT stock traded down $0.11 during midday trading on Thursday, reaching $80.82. The company had a trading volume of 5,899,384 shares, compared to its average volume of 6,997,668. The firm has a 50-day moving average price of $82.65 and a 200-day moving average price of $81.37. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $76.66 and a 1 year high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were issued a $0.3166 dividend. The ex-dividend date was Friday, November 1st. This represents a $3.80 annualized dividend and a dividend yield of 4.70%. This is an increase from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30.

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.