Vanguard Total Bond Market ETF (NASDAQ:BND) Short Interest Up 129.2% in April

Vanguard Total Bond Market ETF (NASDAQ:BND) was the target of a significant growth in short interest in April. As of April 15th, there was short interest totalling 3,690,000 shares, a growth of 129.2% from the March 31st total of 1,610,000 shares. Based on an average daily volume of 8,222,900 shares, the short-interest ratio is currently 0.4 days.

Institutional Investors Weigh In On Vanguard Total Bond Market ETF

Several institutional investors and hedge funds have recently made changes to their positions in BND. Whittier Trust Co. of Nevada Inc. increased its position in shares of Vanguard Total Bond Market ETF by 90.3% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock valued at $27,000 after acquiring an additional 176 shares in the last quarter. VitalStone Financial LLC increased its position in shares of Vanguard Total Bond Market ETF by 3,300.0% during the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after acquiring an additional 396 shares in the last quarter. Lee Financial Co bought a new stake in shares of Vanguard Total Bond Market ETF during the fourth quarter valued at approximately $31,000. Steph & Co. bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $33,000. Finally, Your Advocates Ltd. LLP bought a new stake in shares of Vanguard Total Bond Market ETF during the third quarter valued at approximately $34,000.

Vanguard Total Bond Market ETF Stock Up 0.2 %

Shares of NASDAQ BND opened at $70.73 on Friday. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $74.38. The company has a 50 day simple moving average of $71.87 and a two-hundred day simple moving average of $71.69.

Vanguard Total Bond Market ETF Increases Dividend

The company also recently declared a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a dividend of $0.2163 per share. The ex-dividend date was Monday, April 1st. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.20.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.