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

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the recipient of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 20,170,000 shares, a growth of 23.1% from the December 31st total of 16,380,000 shares. Based on an average trading volume of 6,366,000 shares, the short-interest ratio is presently 3.2 days.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.2 %

Shares of VCIT stock traded down $0.13 during trading hours on Friday, hitting $80.80. 7,226,889 shares of the company were exchanged, compared to its average volume of 6,489,459. Vanguard Intermediate-Term Corporate Bond ETF has a 52-week low of $77.80 and a 52-week high of $84.25. The firm has a fifty day simple moving average of $80.78 and a 200 day simple moving average of $81.75.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.3119 dividend. The ex-dividend date was Tuesday, December 24th. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 2.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 47,196,763 shares of the company’s stock valued at $3,952,729,000 after acquiring an additional 1,165,222 shares during the period. Creative Planning raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 1.7% in the third quarter. Creative Planning now owns 24,067,807 shares of the company’s stock valued at $2,015,679,000 after purchasing an additional 395,318 shares during the period. LPL Financial LLC raised its position in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.6% in the third quarter. LPL Financial LLC now owns 10,738,931 shares of the company’s stock valued at $899,385,000 after purchasing an additional 375,394 shares during the period. PNC Financial Services Group Inc. lifted its stake in shares of Vanguard Intermediate-Term Corporate Bond ETF by 3.2% during the 3rd quarter. PNC Financial Services Group Inc. now owns 3,646,603 shares of the company’s stock valued at $305,403,000 after buying an additional 113,864 shares in the last quarter. Finally, Blue Trust Inc. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.3% in the 3rd quarter. Blue Trust Inc. now owns 2,623,228 shares of the company’s stock worth $209,675,000 after buying an additional 59,941 shares during the period.

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.