Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Sees Significant Drop in Short Interest

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the target of a large decline in short interest in the month of September. As of September 30th, there was short interest totalling 267,100 shares, a decline of 55.9% from the September 15th total of 605,400 shares. Based on an average daily volume of 2,347,700 shares, the days-to-cover ratio is presently 0.1 days.

Hedge Funds Weigh In On Vanguard Long-Term Treasury Index ETF

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Bell Investment Advisors Inc raised its holdings in shares of Vanguard Long-Term Treasury Index ETF by 2.2% during the fourth quarter. Bell Investment Advisors Inc now owns 130,158 shares of the company’s stock worth $8,009,000 after acquiring an additional 2,829 shares in the last quarter. Nepc LLC acquired a new position in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter valued at $86,978,000. Scarborough Advisors LLC bought a new position in Vanguard Long-Term Treasury Index ETF in the fourth quarter worth $804,000. Centaurus Financial Inc. acquired a new stake in Vanguard Long-Term Treasury Index ETF during the fourth quarter worth $1,308,000. Finally, Forthright Family Wealth Advisory LLC acquired a new position in shares of Vanguard Long-Term Treasury Index ETF in the 4th quarter valued at $3,715,000.

Vanguard Long-Term Treasury Index ETF Trading Down 0.3 %

Vanguard Long-Term Treasury Index ETF stock traded down $0.16 during midday trading on Friday, reaching $59.00. 6,016,807 shares of the stock traded hands, compared to its average volume of 2,296,779. The firm has a fifty day moving average price of $61.29 and a two-hundred day moving average price of $58.91. Vanguard Long-Term Treasury Index ETF has a fifty-two week low of $51.90 and a fifty-two week high of $63.41.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.2041 dividend. The ex-dividend date of this dividend was Tuesday, September 3rd. This is a boost from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20.

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.