Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Stock Short Interest Jumps 59.5%

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) was the recipient of a large growth in short interest in the month of September. As of September 15th, there was short interest totaling 2,074,526 shares, a growth of 59.5% from the August 31st total of 1,300,816 shares. Approximately 0.3% of the company’s shares are short sold. Based on an average trading volume of 4,048,987 shares, the short-interest ratio is currently 0.5 days.

Institutional Investors Weigh In On Vanguard Intermediate-Term Treasury ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in VGIT. Bank of America Corp DE lifted its position in Vanguard Intermediate-Term Treasury ETF by 61.6% during the first quarter. Bank of America Corp DE now owns 83,053,264 shares of the company’s stock worth $4,945,822,000 after buying an additional 31,643,968 shares during the period. Corient Private Wealth LLC grew its holdings in Vanguard Intermediate-Term Treasury ETF by 287.7% in the 4th quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock valued at $700,917,000 after buying an additional 8,679,152 shares during the period. JPMorgan Chase & Co. increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 7.7% during the 4th quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock valued at $4,632,238,000 after acquiring an additional 5,493,522 shares during the last quarter. Focus Partners Wealth increased its stake in shares of Vanguard Intermediate-Term Treasury ETF by 32.7% during the 4th quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock valued at $753,111,000 after acquiring an additional 3,095,022 shares during the last quarter. Finally, Miller Investment Management LP lifted its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 5,236.3% during the 4th quarter. Miller Investment Management LP now owns 1,190,950 shares of the company’s stock worth $71,374,000 after acquiring an additional 1,168,632 shares during the period.

Vanguard Intermediate-Term Treasury ETF Trading Down 0.1%

VGIT traded down $0.09 during trading on Wednesday, hitting $56.62. The company’s stock had a trading volume of 3,080,114 shares, compared to its average volume of 3,934,668. Vanguard Intermediate-Term Treasury ETF has a twelve month low of $56.58 and a twelve month high of $60.76. The firm’s 50 day moving average price is $57.96 and its 200-day moving average price is $58.68.

Vanguard Intermediate-Term Treasury ETF Company Profile

Vanguard Intermediate Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.