Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Sees Significant Increase in Short Interest

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the recipient of a large growth in short interest in the month of October. As of October 31st, there was short interest totalling 23,910,000 shares, a growth of 41.0% from the October 15th total of 16,960,000 shares. Based on an average daily volume of 6,875,300 shares, the short-interest ratio is currently 3.5 days.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.1 %

Shares of NASDAQ:VCIT opened at $80.89 on Friday. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $77.12 and a twelve month high of $84.25. The firm’s 50 day moving average price is $82.60 and its 200-day moving average price is $81.37.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.3166 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.30. The ex-dividend date was Friday, November 1st. This represents a $3.80 dividend on an annualized basis and a yield of 4.70%.

Institutional Investors Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VCIT. Headlands Technologies LLC bought a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter worth approximately $53,000. US Bancorp DE raised its stake in Vanguard Intermediate-Term Corporate Bond ETF by 12.1% during the 1st quarter. US Bancorp DE now owns 22,976 shares of the company’s stock worth $1,850,000 after acquiring an additional 2,488 shares during the period. Orion Portfolio Solutions LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 17.1% during the 1st quarter. Orion Portfolio Solutions LLC now owns 149,132 shares of the company’s stock valued at $12,007,000 after buying an additional 21,746 shares in the last quarter. Blair William & Co. IL grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 2.3% during the 1st quarter. Blair William & Co. IL now owns 26,679 shares of the company’s stock valued at $2,148,000 after buying an additional 609 shares in the last quarter. Finally, Prevail Innovative Wealth Advisors LLC purchased a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the 1st quarter valued at approximately $9,045,000.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S.