Short Interest in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Rises By 28.2%

Posted by Defense World Staff on Aug 30th, 2023

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT – Get Free Report) saw a significant growth in short interest in the month of August. As of August 15th, there was short interest totalling 6,770,000 shares, a growth of 28.2% from the July 31st total of 5,280,000 shares. Based on an average trading volume of 4,734,000 shares, the days-to-cover ratio is presently 1.4 days.

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

A number of large investors have recently modified their holdings of VCIT. Nemes Rush Group LLC bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $26,000. Fortis Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter valued at approximately $28,000. Nvwm LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the first quarter valued at approximately $28,000. FAS Wealth Partners Inc. bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the second quarter valued at approximately $28,000. Finally, Northern Trust Corp lifted its position in Vanguard Intermediate-Term Corporate Bond ETF by 35.6% during the first quarter. Northern Trust Corp now owns 34,007 shares of the company’s stock valued at $29,000 after purchasing an additional 8,935 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

VCIT stock opened at $78.23 on Wednesday. The firm has a 50 day moving average of $78.33 and a 200-day moving average of $79.21. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $73.37 and a 12 month high of $81.66.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, August 4th. Stockholders of record on Wednesday, August 2nd were given a $0.2594 dividend. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.25. The ex-dividend date was Tuesday, August 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

(Get Free Report)

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.