Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Sees Significant Decline in Short Interest

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the recipient of a significant decrease in short interest during the month of March. As of March 15th, there was short interest totalling 757,100 shares, a decrease of 61.6% from the February 28th total of 1,970,000 shares. Based on an average daily trading volume, of 3,320,500 shares, the short-interest ratio is currently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

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

Several hedge funds have recently added to or reduced their stakes in the business. Middleton & Co. Inc. MA boosted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 51.0% in the fourth quarter. Middleton & Co. Inc. MA now owns 76,280 shares of the company’s stock worth $4,424,000 after buying an additional 25,750 shares during the last quarter. Opus Capital Group LLC boosted its position in Vanguard Intermediate-Term Treasury Index ETF by 6.7% in the 4th quarter. Opus Capital Group LLC now owns 755,258 shares of the company’s stock worth $43,805,000 after purchasing an additional 47,492 shares in the last quarter. Principal Financial Group Inc. acquired a new stake in shares of Vanguard Intermediate-Term Treasury Index ETF during the 3rd quarter worth approximately $200,000. Fifth Third Bancorp increased its holdings in shares of Vanguard Intermediate-Term Treasury Index ETF by 75.5% during the 4th quarter. Fifth Third Bancorp now owns 1,132 shares of the company’s stock valued at $66,000 after purchasing an additional 487 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in shares of Vanguard Intermediate-Term Treasury Index ETF by 173.8% in the 4th quarter. GAMMA Investing LLC now owns 7,354 shares of the company’s stock valued at $427,000 after purchasing an additional 4,668 shares during the period.

Vanguard Intermediate-Term Treasury Index ETF Price Performance

VGIT opened at $58.96 on Friday. Vanguard Intermediate-Term Treasury Index ETF has a 12-month low of $57.03 and a 12-month high of $60.82. The firm has a 50 day moving average of $58.59 and a two-hundred day moving average of $58.83.

Vanguard Intermediate-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a dividend of $0.1731 per share. The ex-dividend date of this dividend was Monday, March 3rd.

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.