Vanguard Total Bond Market ETF (NASDAQ:BND) Sees Significant Drop in Short Interest

Vanguard Total Bond Market ETF (NASDAQ:BND) was the target of a significant decrease in short interest during the month of August. As of August 31st, there was short interest totaling 3,371,131 shares, a decrease of 46.6% from the August 15th total of 6,309,373 shares. Based on an average trading volume of 6,976,509 shares, the short-interest ratio is currently 0.5 days. Currently, 0.2% of the company’s shares are sold short.

Institutional Investors Weigh In On Vanguard Total Bond Market ETF

Several large investors have recently modified their holdings of BND. DiPaolo Financial Group Inc. bought a new position in shares of Vanguard Total Bond Market ETF in the 4th quarter worth about $1,506,000. DMC Group LLC acquired a new position in shares of Vanguard Total Bond Market ETF in the 2nd quarter valued at about $539,000. Capital Asset Advisory Services LLC boosted its position in shares of Vanguard Total Bond Market ETF by 81.8% during the 1st quarter. Capital Asset Advisory Services LLC now owns 533,714 shares of the company’s stock valued at $39,500,000 after purchasing an additional 240,150 shares in the last quarter. Waverly Advisors LLC boosted its position in shares of Vanguard Total Bond Market ETF by 11.0% during the 2nd quarter. Waverly Advisors LLC now owns 380,234 shares of the company’s stock valued at $27,913,000 after purchasing an additional 37,835 shares in the last quarter. Finally, Compass Financial Management LLC acquired a new stake in Vanguard Total Bond Market ETF during the second quarter worth approximately $737,000.

Vanguard Total Bond Market ETF Stock Down 0.0%

Vanguard Total Bond Market ETF stock traded down $0.02 during mid-day trading on Tuesday, hitting $71.15. 12,774,940 shares of the stock were exchanged, compared to its average volume of 8,724,315. Vanguard Total Bond Market ETF has a 12 month low of $71.03 and a 12 month high of $75.23. The firm’s fifty day simple moving average is $72.30 and its two-hundred day simple moving average is $73.10.

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.