Short Interest in Vanguard Total Bond Market ETF (NASDAQ:BND) Drops By 28.6%

Vanguard Total Bond Market ETF (NASDAQ:BND) was the target of a significant decrease in short interest in the month of June. As of June 15th, there was short interest totalling 1,750,000 shares, a decrease of 28.6% from the May 31st total of 2,450,000 shares. Based on an average daily volume of 6,650,100 shares, the short-interest ratio is currently 0.3 days.

Institutional Trading of Vanguard Total Bond Market ETF

Several hedge funds and other institutional investors have recently bought and sold shares of BND. Whittier Trust Co. of Nevada Inc. boosted its position in Vanguard Total Bond Market ETF by 90.3% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after purchasing an additional 176 shares in the last quarter. VitalStone Financial LLC boosted its position in Vanguard Total Bond Market ETF by 3,300.0% during the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock worth $28,000 after purchasing an additional 396 shares in the last quarter. Marquette Asset Management LLC purchased a new position in Vanguard Total Bond Market ETF during the first quarter worth approximately $30,000. Lee Financial Co purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter worth approximately $31,000. Finally, ORG Partners LLC purchased a new position in Vanguard Total Bond Market ETF during the fourth quarter worth approximately $42,000.

Vanguard Total Bond Market ETF Stock Down 0.5 %

Vanguard Total Bond Market ETF stock traded down $0.34 during midday trading on Friday, hitting $72.05. 4,824,520 shares of the company were exchanged, compared to its average volume of 7,130,046. 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 $71.73 and a two-hundred day simple moving average of $72.23.

Vanguard Total Bond Market ETF Increases Dividend

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

Vanguard Total Bond Market ETF Company Profile

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.