Short Interest in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Drops By 37.9%

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totalling 639,400 shares, a decrease of 37.9% from the March 31st total of 1,030,000 shares. Based on an average trading volume of 2,984,600 shares, the short-interest ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of the company. SCS Capital Management LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the third quarter worth $486,631,000. Morgan Stanley boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 116.2% during the third quarter. Morgan Stanley now owns 14,769,022 shares of the company’s stock worth $844,050,000 after buying an additional 7,937,334 shares during the period. FMR LLC boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 32,472.7% during the third quarter. FMR LLC now owns 6,039,631 shares of the company’s stock worth $345,165,000 after buying an additional 6,021,089 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 33.5% during the third quarter. JPMorgan Chase & Co. now owns 20,426,546 shares of the company’s stock worth $1,167,377,000 after buying an additional 5,131,234 shares during the period. Finally, Nepc LLC purchased a new position in shares of Vanguard Intermediate-Term Treasury Index ETF during the fourth quarter worth $263,750,000.

Vanguard Intermediate-Term Treasury Index ETF Trading Up 0.1 %

VGIT opened at $57.22 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a one year low of $56.07 and a one year high of $60.94. The business’s 50 day moving average price is $58.07 and its 200 day moving average price is $58.15.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a $0.1762 dividend. The ex-dividend date was Monday, April 1st. This is a boost from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.15.

About Vanguard Intermediate-Term Treasury Index ETF

Vanguard Intermediate Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.