Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Sees Large Growth in Short Interest

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the target of a significant increase in short interest in the month of October. As of October 31st, there was short interest totalling 948,900 shares, an increase of 37.0% from the October 15th total of 692,500 shares. Based on an average daily trading volume, of 2,705,700 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Vanguard Intermediate-Term Treasury Index ETF

A number of institutional investors have recently added to or reduced their stakes in the company. Silver Oak Advisory Group Inc. increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 1.1% in the third quarter. Silver Oak Advisory Group Inc. now owns 15,955 shares of the company’s stock valued at $963,000 after buying an additional 171 shares in the last quarter. Gladstone Institutional Advisory LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 4.7% in the third quarter. Gladstone Institutional Advisory LLC now owns 3,898 shares of the company’s stock valued at $235,000 after buying an additional 176 shares in the last quarter. Angeles Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 7.9% in the second quarter. Angeles Wealth Management LLC now owns 2,489 shares of the company’s stock valued at $145,000 after buying an additional 182 shares in the last quarter. Hill Investment Group Partners LLC increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.4% in the third quarter. Hill Investment Group Partners LLC now owns 7,976 shares of the company’s stock valued at $461,000 after buying an additional 187 shares in the last quarter. Finally, Fifth Third Bancorp increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 70.7% in the second quarter. Fifth Third Bancorp now owns 483 shares of the company’s stock valued at $28,000 after buying an additional 200 shares in the last quarter.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

VGIT opened at $58.29 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 1-year low of $57.03 and a 1-year high of $60.82. The business has a 50 day moving average price of $59.59 and a two-hundred day moving average price of $58.99.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were given a $0.1855 dividend. This represents a $2.23 dividend on an annualized basis and a yield of 3.82%. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Friday, November 1st.

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.