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

Vanguard Total Bond Market ETF (NASDAQ:BND) was the recipient of a significant growth in short interest in May. As of May 31st, there was short interest totalling 2,450,000 shares, a growth of 45.0% from the May 15th total of 1,690,000 shares. Based on an average daily trading volume, of 6,253,400 shares, the short-interest ratio is currently 0.4 days.

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

A number of hedge funds have recently modified their holdings of BND. Morningstar Investment Services LLC lifted its holdings in shares of Vanguard Total Bond Market ETF by 90.1% during the fourth quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock worth $1,319,534,000 after purchasing an additional 8,482,025 shares during the period. Vanguard Group Inc. raised its stake in Vanguard Total Bond Market ETF by 20.1% during the first quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after buying an additional 6,253,040 shares during the last quarter. Texas Treasury Safekeeping Trust Co. raised its stake in Vanguard Total Bond Market ETF by 789.9% during the fourth quarter. Texas Treasury Safekeeping Trust Co. now owns 6,896,640 shares of the company’s stock worth $507,248,000 after buying an additional 6,121,670 shares during the last quarter. Creative Planning raised its stake in Vanguard Total Bond Market ETF by 11.7% during the third quarter. Creative Planning now owns 55,509,448 shares of the company’s stock worth $3,873,449,000 after buying an additional 5,800,676 shares during the last quarter. Finally, Cetera Investment Advisers raised its stake in Vanguard Total Bond Market ETF by 123.9% during the first quarter. Cetera Investment Advisers now owns 4,807,301 shares of the company’s stock worth $349,154,000 after buying an additional 2,660,678 shares during the last quarter.

Vanguard Total Bond Market ETF Stock Performance

Vanguard Total Bond Market ETF stock traded up $0.11 during mid-day trading on Friday, reaching $72.66. The company had a trading volume of 3,526,987 shares, compared to its average volume of 7,035,859. Vanguard Total Bond Market ETF has a fifty-two week low of $67.99 and a fifty-two week high of $73.92. The business has a fifty day simple moving average of $71.44 and a 200 day simple moving average of $72.19.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently announced a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were given a $0.219 dividend. The ex-dividend date was Monday, June 3rd. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.21.

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.