Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Down 37.9% in April

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the target of a large drop in short interest in April. As of April 15th, there was short interest totaling 13,285,511 shares, a drop of 37.9% from the March 31st total of 21,390,836 shares. Currently, 1.7% of the shares of the stock are short sold. Based on an average daily volume of 13,848,608 shares, the days-to-cover ratio is presently 1.0 days.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of VCIT opened at $83.25 on Monday. The company has a 50-day simple moving average of $83.35 and a 200-day simple moving average of $83.76. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $80.42 and a 52-week high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Monday, April 6th. Stockholders of record on Wednesday, April 1st were issued a $0.3438 dividend. The ex-dividend date was Wednesday, April 1st.

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

Several hedge funds have recently added to or reduced their stakes in VCIT. Brighton Jones LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 107.9% during the 4th quarter. Brighton Jones LLC now owns 8,916 shares of the company’s stock valued at $716,000 after acquiring an additional 4,627 shares in the last quarter. Daiwa Securities Group Inc. increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 4.4% during the 2nd quarter. Daiwa Securities Group Inc. now owns 54,690 shares of the company’s stock valued at $4,535,000 after acquiring an additional 2,300 shares in the last quarter. Qube Research & Technologies Ltd increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 67.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 298,502 shares of the company’s stock valued at $24,752,000 after acquiring an additional 119,837 shares in the last quarter. Squarepoint Ops LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 347.4% during the 2nd quarter. Squarepoint Ops LLC now owns 15,132 shares of the company’s stock valued at $1,255,000 after acquiring an additional 11,750 shares in the last quarter. Finally, Main Street Financial Solutions LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 8.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 18,100 shares of the company’s stock valued at $1,501,000 after acquiring an additional 1,433 shares in the last quarter.

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.