Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) Short Interest Down 37.9% in April

Vanguard Intermediate-Term Treasury Index ETF (NASDAQ:VGIT) was the target of a large drop in short interest in April. As of April 15th, there was short interest totalling 639,400 shares, a drop of 37.9% from the March 31st total of 1,030,000 shares. Based on an average daily volume of 2,984,600 shares, the days-to-cover ratio is currently 0.2 days.

Vanguard Intermediate-Term Treasury Index ETF Stock Performance

Shares of VGIT opened at $57.22 on Friday. The firm’s fifty day simple moving average is $58.07 and its 200-day simple moving average is $58.15. Vanguard Intermediate-Term Treasury Index ETF has a twelve month low of $56.07 and a twelve month high of $60.94.

Vanguard Intermediate-Term Treasury Index ETF Increases Dividend

The business also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were given a $0.1762 dividend. This is an increase from Vanguard Intermediate-Term Treasury Index ETF’s previous dividend of $0.15. The ex-dividend date was Monday, April 1st.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the stock. Foster Victor Wealth Advisors LLC grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 2.5% in the 1st quarter. Foster Victor Wealth Advisors LLC now owns 59,931 shares of the company’s stock valued at $3,438,000 after buying an additional 1,486 shares during the last quarter. Capital Performance Advisors LLP grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 23.4% in the 1st quarter. Capital Performance Advisors LLP now owns 32,121 shares of the company’s stock valued at $1,881,000 after buying an additional 6,093 shares during the last quarter. Opus Capital Group LLC grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 12.2% in the 1st quarter. Opus Capital Group LLC now owns 582,208 shares of the company’s stock valued at $34,088,000 after buying an additional 63,198 shares during the last quarter. McKinley Carter Wealth Services Inc. grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 7.3% in the 1st quarter. McKinley Carter Wealth Services Inc. now owns 4,926 shares of the company’s stock valued at $288,000 after buying an additional 334 shares during the last quarter. Finally, Clear Creek Financial Management LLC grew its position in shares of Vanguard Intermediate-Term Treasury Index ETF by 6.7% in the 1st quarter. Clear Creek Financial Management LLC now owns 14,342 shares of the company’s stock valued at $840,000 after buying an additional 900 shares during the last quarter.

About Vanguard Intermediate-Term Treasury Index ETF

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.