Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Up 30.5% in January

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the target of a significant growth in short interest in January. As of January 15th, there was short interest totaling 16,166,318 shares, a growth of 30.5% from the December 31st total of 12,392,331 shares. Currently, 2.3% of the shares of the stock are short sold. Based on an average daily volume of 15,022,299 shares, the short-interest ratio is presently 1.1 days. Based on an average daily volume of 15,022,299 shares, the short-interest ratio is presently 1.1 days. Currently, 2.3% of the shares of the stock are short sold.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the company. Sigma Planning Corp increased its position in Vanguard Intermediate-Term Corporate Bond ETF by 3.7% during the fourth quarter. Sigma Planning Corp now owns 64,732 shares of the company’s stock worth $5,467,000 after purchasing an additional 2,332 shares during the last quarter. North Star Investment Management Corp. boosted its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 1.4% in the 4th quarter. North Star Investment Management Corp. now owns 15,538 shares of the company’s stock valued at $1,301,000 after purchasing an additional 213 shares during the last quarter. Reicon Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter valued at approximately $3,195,000. Oakwell Private Wealth Management LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 8.9% during the 4th quarter. Oakwell Private Wealth Management LLC now owns 98,848 shares of the company’s stock worth $8,278,000 after buying an additional 8,112 shares during the last quarter. Finally, Sage Rhino Capital LLC increased its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 2.2% during the 4th quarter. Sage Rhino Capital LLC now owns 91,377 shares of the company’s stock worth $7,653,000 after buying an additional 1,947 shares during the last quarter.

Vanguard Intermediate-Term Corporate Bond ETF Stock Down 0.0%

NASDAQ:VCIT opened at $83.95 on Monday. Vanguard Intermediate-Term Corporate Bond ETF has a one year low of $78.66 and a one year high of $84.84. The stock has a 50 day moving average price of $83.93 and a 200 day moving average price of $83.77.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Wednesday, February 4th. Shareholders of record on Monday, February 2nd will be paid a $0.33 dividend. The ex-dividend date of this dividend is Monday, February 2nd. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.