Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Update

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totaling 16,166,318 shares, a growth of 30.5% from the December 31st total of 12,392,331 shares. Based on an average trading volume of 15,022,299 shares, the short-interest ratio is presently 1.1 days. Approximately 2.3% of the shares of the company are short sold. Approximately 2.3% of the shares of the company are short sold. Based on an average trading volume of 15,022,299 shares, the short-interest ratio is presently 1.1 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Brandywine Oak Private Wealth LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.5% in the fourth quarter. Brandywine Oak Private Wealth LLC now owns 1,263,763 shares of the company’s stock worth $105,840,000 after purchasing an additional 18,728 shares during the period. Drucker Wealth 3.0 LLC boosted its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 6.6% during the 4th quarter. Drucker Wealth 3.0 LLC now owns 55,145 shares of the company’s stock valued at $4,618,000 after acquiring an additional 3,408 shares during the last quarter. Manning & Napier Advisors LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 21.4% during the fourth quarter. Manning & Napier Advisors LLC now owns 104,141 shares of the company’s stock worth $8,747,000 after purchasing an additional 18,325 shares in the last quarter. Van Strum & Towne Inc. increased its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 11.1% in the fourth quarter. Van Strum & Towne Inc. now owns 94,595 shares of the company’s stock worth $7,922,000 after purchasing an additional 9,488 shares during the last quarter. Finally, Silver Oak Advisory Group Inc. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7.9% in the fourth quarter. Silver Oak Advisory Group Inc. now owns 12,412 shares of the company’s stock valued at $1,039,000 after purchasing an additional 905 shares in the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ VCIT opened at $83.54 on Wednesday. The company’s 50 day moving average is $83.90 and its 200-day moving average is $83.78. Vanguard Intermediate-Term Corporate Bond ETF has a 12-month low of $78.66 and a 12-month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, February 4th. Investors of record on Monday, February 2nd will be issued a dividend of $0.33 per share. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis 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.