Short Interest in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Expands By 25.3%

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) was the target of a significant growth in short interest in the month of March. As of March 13th, there was short interest totaling 110,887 shares, a growth of 25.3% from the February 26th total of 88,507 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average trading volume of 2,429,648 shares, the days-to-cover ratio is presently 0.0 days.

Hedge Funds Weigh In On Vanguard Intermediate-Term Bond ETF

Several institutional investors have recently added to or reduced their stakes in the stock. First Horizon Corp bought a new position in Vanguard Intermediate-Term Bond ETF during the third quarter worth about $1,471,000. Clarity Wealth Advisors LLC raised its position in shares of Vanguard Intermediate-Term Bond ETF by 18.2% in the third quarter. Clarity Wealth Advisors LLC now owns 114,011 shares of the company’s stock valued at $8,903,000 after purchasing an additional 17,562 shares during the period. First Merchants Corp lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 3.3% during the 3rd quarter. First Merchants Corp now owns 289,280 shares of the company’s stock valued at $22,590,000 after buying an additional 9,107 shares in the last quarter. Redhawk Wealth Advisors Inc. lifted its stake in shares of Vanguard Intermediate-Term Bond ETF by 12.5% during the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 82,871 shares of the company’s stock valued at $6,471,000 after buying an additional 9,177 shares in the last quarter. Finally, Benjamin Edwards Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 112.9% in the 3rd quarter. Benjamin Edwards Inc. now owns 19,984 shares of the company’s stock worth $1,562,000 after buying an additional 10,596 shares during the period.

Vanguard Intermediate-Term Bond ETF Price Performance

BIV stock opened at $77.18 on Wednesday. The stock’s fifty day simple moving average is $77.85 and its two-hundred day simple moving average is $78.05. Vanguard Intermediate-Term Bond ETF has a 1-year low of $74.44 and a 1-year high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were issued a $0.2514 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend was Monday, March 2nd.

Vanguard Intermediate-Term Bond ETF Company Profile

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.