Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Short Interest Update

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totalling 1,130,000 shares, a growth of 18.2% from the March 15th total of 956,000 shares. Based on an average daily trading volume, of 2,586,500 shares, the days-to-cover ratio is presently 0.4 days. Currently, 0.7% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of VGLT. World Investment Advisors LLC increased its stake in shares of Vanguard Long-Term Treasury Index ETF by 6.5% in the third quarter. World Investment Advisors LLC now owns 96,110 shares of the company’s stock worth $5,915,000 after acquiring an additional 5,859 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in shares of Vanguard Long-Term Treasury Index ETF during the third quarter worth approximately $600,000. B. Riley Wealth Advisors Inc. grew its position in Vanguard Long-Term Treasury Index ETF by 70.3% in the 3rd quarter. B. Riley Wealth Advisors Inc. now owns 16,755 shares of the company’s stock worth $1,029,000 after purchasing an additional 6,915 shares during the last quarter. SMART Wealth LLC increased its stake in Vanguard Long-Term Treasury Index ETF by 9.9% during the third quarter. SMART Wealth LLC now owns 89,775 shares of the company’s stock valued at $5,525,000 after acquiring an additional 8,056 shares during the period. Finally, JPMorgan Chase & Co. raised its stake in shares of Vanguard Long-Term Treasury Index ETF by 0.9% in the third quarter. JPMorgan Chase & Co. now owns 44,472,238 shares of the company’s stock valued at $2,736,822,000 after purchasing an additional 410,850 shares in the last quarter.

Vanguard Long-Term Treasury Index ETF Stock Down 1.6 %

NASDAQ VGLT opened at $54.71 on Tuesday. The company has a 50-day simple moving average of $56.85 and a 200-day simple moving average of $56.91. Vanguard Long-Term Treasury Index ETF has a one year low of $53.80 and a one year high of $63.41.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The business also recently disclosed a monthly dividend, which was paid on Thursday, April 3rd. Stockholders of record on Tuesday, April 1st were issued a $0.2096 dividend. The ex-dividend date was Tuesday, April 1st. This is a boost from Vanguard Long-Term Treasury Index ETF’s previous monthly dividend of $0.20. This represents a $2.52 annualized dividend and a dividend yield of 4.60%.

About Vanguard Long-Term Treasury Index ETF

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