Short Interest in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Drops By 49.4%

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) was the recipient of a significant decrease in short interest during the month of July. As of July 15th, there was short interest totaling 182,369 shares, a decrease of 49.4% from the June 30th total of 360,252 shares. Based on an average daily trading volume, of 1,453,882 shares, the days-to-cover ratio is currently 0.1 days. Currently, 0.0% of the company’s stock are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BIV. Johnson Financial Group Inc. bought a new stake in Vanguard Intermediate-Term Bond ETF in the 1st quarter worth about $28,000. Kelleher Financial Advisors purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at about $30,000. Texas Capital Bancshares Inc TX purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF during the 3rd quarter valued at about $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in shares of Vanguard Intermediate-Term Bond ETF in the fourth quarter worth approximately $31,000. Finally, Darwin Wealth Management LLC purchased a new stake in Vanguard Intermediate-Term Bond ETF in the first quarter worth approximately $36,000.

Vanguard Intermediate-Term Bond ETF Price Performance

NYSEARCA BIV traded up $0.14 during mid-day trading on Tuesday, reaching $75.81. The stock had a trading volume of 131,093 shares, compared to its average volume of 1,960,534. Vanguard Intermediate-Term Bond ETF has a 1 year low of $75.35 and a 1 year high of $79.08. The company has a fifty day moving average price of $76.28 and a 200 day moving average price of $77.12.

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.