Vanguard Total Bond Market ETF (NASDAQ:BND) Sees Significant Growth in Short Interest

Vanguard Total Bond Market ETF (NASDAQ:BND) was the recipient of a significant growth in short interest in the month of December. As of December 31st, there was short interest totalling 1,590,000 shares, a growth of 15.2% from the December 15th total of 1,380,000 shares. Based on an average daily volume of 6,454,000 shares, the short-interest ratio is presently 0.2 days.

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in BND. Creative Planning raised its position in Vanguard Total Bond Market ETF by 11.5% during the second quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after acquiring an additional 8,691,058 shares during the last quarter. Axiom Advisory LLC raised its position in Vanguard Total Bond Market ETF by 20.7% during the third quarter. Axiom Advisory LLC now owns 27,905,696 shares of the company’s stock worth $2,065,731,000 after acquiring an additional 4,794,485 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in Vanguard Total Bond Market ETF by 5.6% in the third quarter. JPMorgan Chase & Co. now owns 89,037,239 shares of the company’s stock valued at $6,687,587,000 after purchasing an additional 4,687,550 shares during the period. Franklin Resources Inc. grew its holdings in Vanguard Total Bond Market ETF by 3,082.1% in the third quarter. Franklin Resources Inc. now owns 3,430,390 shares of the company’s stock valued at $253,060,000 after purchasing an additional 3,322,588 shares during the period. Finally, State Street Corp grew its holdings in Vanguard Total Bond Market ETF by 86.9% in the third quarter. State Street Corp now owns 4,008,284 shares of the company’s stock valued at $301,062,000 after purchasing an additional 1,863,233 shares during the period.

Vanguard Total Bond Market ETF Stock Performance

BND traded up $0.02 during midday trading on Friday, reaching $71.95. 5,600,053 shares of the company’s stock were exchanged, compared to its average volume of 7,326,859. The business’s 50-day moving average price is $72.45 and its 200 day moving average price is $73.39. Vanguard Total Bond Market ETF has a 1-year low of $70.37 and a 1-year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a dividend of $0.2334 per share. The ex-dividend date was Tuesday, December 24th. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.