Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Short Interest Down 72.1% in June

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the recipient of a significant drop in short interest during the month of June. As of June 15th, there was short interest totalling 390,400 shares, a drop of 72.1% from the May 31st total of 1,400,000 shares. Based on an average trading volume of 1,693,700 shares, the days-to-cover ratio is currently 0.2 days.

Hedge Funds Weigh In On Vanguard Long-Term Treasury Index ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. boosted its position in shares of Vanguard Long-Term Treasury Index ETF by 221.6% during the first quarter. JPMorgan Chase & Co. now owns 42,085,362 shares of the company’s stock worth $2,493,137,000 after purchasing an additional 28,998,773 shares in the last quarter. Ameriprise Financial Inc. lifted its position in Vanguard Long-Term Treasury Index ETF by 40.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 13,008,198 shares of the company’s stock valued at $712,033,000 after acquiring an additional 3,756,787 shares in the last quarter. Morgan Stanley lifted its position in Vanguard Long-Term Treasury Index ETF by 40.7% in the 3rd quarter. Morgan Stanley now owns 7,099,115 shares of the company’s stock valued at $394,072,000 after acquiring an additional 2,052,967 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in Vanguard Long-Term Treasury Index ETF by 66.0% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 5,563,726 shares of the company’s stock valued at $329,595,000 after acquiring an additional 2,212,982 shares in the last quarter. Finally, Nepc LLC lifted its position in Vanguard Long-Term Treasury Index ETF by 185.0% in the 1st quarter. Nepc LLC now owns 4,029,312 shares of the company’s stock valued at $238,696,000 after acquiring an additional 2,615,725 shares in the last quarter.

Vanguard Long-Term Treasury Index ETF Price Performance

VGLT stock traded up $0.19 during midday trading on Thursday, reaching $58.59. The company’s stock had a trading volume of 1,735,994 shares, compared to its average volume of 2,241,913. The business’s 50-day simple moving average is $57.32 and its 200-day simple moving average is $58.53. Vanguard Long-Term Treasury Index ETF has a 52 week low of $51.90 and a 52 week high of $64.05.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The company also recently declared a dividend, which was paid on Wednesday, June 5th. Stockholders of record on Monday, June 3rd were given a dividend of $0.2025 per share. This is a boost from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.19. The ex-dividend date of this dividend was Monday, June 3rd.

About Vanguard Long-Term Treasury Index ETF

Vanguard Long Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.