Short Interest in Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Declines By 52.5%

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the recipient of a large decrease in short interest in the month of December. As of December 15th, there was short interest totalling 532,500 shares, a decrease of 52.5% from the November 30th total of 1,120,000 shares. Based on an average daily volume of 2,766,000 shares, the short-interest ratio is currently 0.2 days.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT traded down $0.07 on Friday, reaching $57.78. The company’s stock had a trading volume of 2,870,986 shares, compared to its average volume of 2,570,482. The stock’s 50 day simple moving average is $58.55 and its two-hundred day simple moving average is $59.15. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month high of $60.82.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.1901 per share. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Tuesday, December 24th.

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

Several hedge funds and other institutional investors have recently modified their holdings of VGIT. Chicago Partners Investment Group LLC boosted its holdings in Vanguard Intermediate-Term Treasury Index ETF by 2.8% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 8,450 shares of the company’s stock worth $499,000 after buying an additional 233 shares during the period. Choreo LLC lifted its stake in Vanguard Intermediate-Term Treasury Index ETF by 194.7% in the second quarter. Choreo LLC now owns 13,817 shares of the company’s stock worth $801,000 after acquiring an additional 9,128 shares during the period. Brookstone Capital Management increased its position in Vanguard Intermediate-Term Treasury Index ETF by 61.3% during the 3rd quarter. Brookstone Capital Management now owns 16,377 shares of the company’s stock valued at $990,000 after purchasing an additional 6,223 shares during the period. Foundations Investment Advisors LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 26.7% in the 2nd quarter. Foundations Investment Advisors LLC now owns 55,172 shares of the company’s stock valued at $3,213,000 after purchasing an additional 11,621 shares in the last quarter. Finally, SouthState Corp increased its holdings in Vanguard Intermediate-Term Treasury Index ETF by 24.5% during the second quarter. SouthState Corp now owns 1,269 shares of the company’s stock valued at $74,000 after buying an additional 250 shares during the period.

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.