Short Interest in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Declines By 40.8%

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) saw a significant decline in short interest in the month of January. As of January 30th, there was short interest totaling 302,128 shares, a decline of 40.8% from the January 15th total of 510,243 shares. Currently, 0.1% of the shares of the company are short sold. Based on an average daily volume of 2,384,409 shares, the days-to-cover ratio is currently 0.1 days. Based on an average daily volume of 2,384,409 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.1% of the shares of the company are short sold.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in BIV. Evolution Wealth Management Inc. acquired a new position in Vanguard Intermediate-Term Bond ETF during the 2nd quarter worth approximately $26,000. Blue Trust Inc. grew its holdings in Vanguard Intermediate-Term Bond ETF by 85.5% during the third quarter. Blue Trust Inc. now owns 371 shares of the company’s stock worth $29,000 after acquiring an additional 171 shares during the period. First Community Trust NA purchased a new position in Vanguard Intermediate-Term Bond ETF in the third quarter worth $30,000. Kelleher Financial Advisors acquired a new stake in Vanguard Intermediate-Term Bond ETF in the third quarter valued at $30,000. Finally, Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter worth $31,000.

Vanguard Intermediate-Term Bond ETF Stock Performance

Shares of NYSEARCA BIV traded up $0.26 during midday trading on Friday, reaching $78.60. 2,053,766 shares of the company were exchanged, compared to its average volume of 2,295,992. Vanguard Intermediate-Term Bond ETF has a 1 year low of $74.44 and a 1 year high of $78.91. The stock has a fifty day simple moving average of $77.92 and a 200 day simple moving average of $77.99.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, February 4th. Stockholders of record on Monday, February 2nd were paid a dividend of $0.2738 per share. This represents a c) annualized dividend and a dividend yield of 4.2%. The ex-dividend date was Monday, February 2nd.

About Vanguard Intermediate-Term Bond ETF

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.