Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Rises By 99.1%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the target of a large growth in short interest in January. As of January 15th, there was short interest totalling 1,750,000 shares, a growth of 99.1% from the December 31st total of 878,800 shares. Based on an average daily trading volume, of 3,735,800 shares, the short-interest ratio is presently 0.5 days.

Vanguard Long-Term Treasury Index ETF Stock Up 0.5 %

Shares of Vanguard Long-Term Treasury Index ETF stock opened at $56.00 on Friday. The firm’s 50 day moving average price is $56.34 and its 200-day moving average price is $58.64. Vanguard Long-Term Treasury Index ETF has a 52-week low of $53.79 and a 52-week high of $63.41.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were issued a $0.2075 dividend. The ex-dividend date of this dividend was Tuesday, December 24th.

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

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. First Community Trust NA purchased a new stake in Vanguard Long-Term Treasury Index ETF during the 4th quarter valued at approximately $43,000. Geneos Wealth Management Inc. boosted its stake in shares of Vanguard Long-Term Treasury Index ETF by 50.9% in the fourth quarter. Geneos Wealth Management Inc. now owns 943 shares of the company’s stock valued at $52,000 after buying an additional 318 shares in the last quarter. JFS Wealth Advisors LLC acquired a new position in Vanguard Long-Term Treasury Index ETF during the third quarter worth $53,000. Bristlecone Advisors LLC purchased a new position in Vanguard Long-Term Treasury Index ETF in the third quarter worth $55,000. Finally, Concord Wealth Partners acquired a new stake in Vanguard Long-Term Treasury Index ETF in the third quarter valued at $62,000.

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.