Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Down 15.5% in January

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) saw a significant decline in short interest during the month of January. As of January 15th, there was short interest totalling 16,380,000 shares, a decline of 15.5% from the December 31st total of 19,390,000 shares. Based on an average trading volume of 6,498,700 shares, the days-to-cover ratio is presently 2.5 days.

Institutional Investors Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

Several large investors have recently made changes to their positions in the company. Providence Capital Advisors LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF in the 3rd quarter valued at $25,000. Bull Oak Capital LLC acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth approximately $27,000. Sound Income Strategies LLC grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the 3rd quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock worth $30,000 after purchasing an additional 150 shares in the last quarter. Nvwm LLC increased its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% in the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock valued at $40,000 after buying an additional 149 shares during the period. Finally, Field & Main Bank acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Performance

Shares of NASDAQ:VCIT traded up $0.10 during mid-day trading on Friday, hitting $81.03. 2,122,101 shares of the company traded hands, compared to its average volume of 6,225,031. The firm’s 50 day simple moving average is $80.78 and its 200 day simple moving average is $81.75. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.25.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a dividend of $0.3119 per share. The ex-dividend date of this dividend was Tuesday, December 24th. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

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.