Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Sees Large Decrease in Short Interest

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) saw a large decline in short interest in December. As of December 31st, there was short interest totalling 16,380,000 shares, a decline of 15.5% from the December 15th 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 Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. Providence Capital Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth approximately $25,000. Bull Oak Capital LLC acquired a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $27,000. Sound Income Strategies LLC raised its position 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 valued at $30,000 after buying an additional 150 shares during the period. GAMMA Investing LLC acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $65,000. Finally, MidAtlantic Capital Management Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the third quarter valued at approximately $65,000.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.1 %

Shares of VCIT stock traded down $0.11 on Thursday, reaching $79.89. 168,929 shares of the company were exchanged, compared to its average volume of 6,035,944. Vanguard Intermediate-Term Corporate Bond ETF has a 1 year low of $77.80 and a 1 year high of $84.25. The business has a 50-day moving average price of $80.94 and a 200 day moving average price of $81.76.

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 paid a dividend of $0.3119 per share. The ex-dividend date 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.