Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Down 21.1% in February

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the recipient of a large decline in short interest in the month of February. As of February 13th, there was short interest totaling 12,925,185 shares, a decline of 21.1% from the January 29th total of 16,382,770 shares. Approximately 1.8% of the shares of the company are short sold. Based on an average daily trading volume, of 9,813,800 shares, the days-to-cover ratio is currently 1.3 days. Based on an average daily trading volume, of 9,813,800 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.8% of the shares of the company are short sold.

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

Institutional investors have recently made changes to their positions in the stock. Arwa LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter valued at approximately $432,000. Financially in Tune LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $314,000. BDFS Capital LLC bought a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter worth $677,000. Tempo Wealth LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 4th quarter worth $245,000. Finally, Westshore Wealth LLC grew its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.3% in the 4th quarter. Westshore Wealth LLC now owns 9,055 shares of the company’s stock valued at $758,000 after buying an additional 919 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.0%

Shares of VCIT opened at $84.72 on Monday. The stock has a 50 day simple moving average of $84.01 and a 200 day simple moving average of $83.97. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $78.66 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd were given a dividend of $0.33 per share. The ex-dividend date was Monday, February 2nd. This represents a c) annualized dividend and a yield of 4.7%.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.