Short Interest in Vanguard Total Bond Market ETF (NASDAQ:BND) Expands By 18.7%

Vanguard Total Bond Market ETF (NASDAQ:BND) saw a significant increase in short interest in March. As of March 13th, there was short interest totaling 4,356,694 shares, an increase of 18.7% from the February 26th total of 3,669,951 shares. Based on an average daily trading volume, of 9,513,795 shares, the short-interest ratio is presently 0.5 days. Currently, 0.2% of the company’s stock are short sold.

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

Large investors have recently added to or reduced their stakes in the company. Brighton Jones LLC raised its stake in shares of Vanguard Total Bond Market ETF by 99.6% in the fourth quarter. Brighton Jones LLC now owns 37,423 shares of the company’s stock valued at $2,691,000 after purchasing an additional 18,677 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Vanguard Total Bond Market ETF by 19.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 3,298 shares of the company’s stock valued at $237,000 after buying an additional 530 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in Vanguard Total Bond Market ETF in the 2nd quarter valued at $44,000. Scotia Capital Inc. raised its stake in shares of Vanguard Total Bond Market ETF by 1.5% in the 2nd quarter. Scotia Capital Inc. now owns 32,562 shares of the company’s stock valued at $2,397,000 after buying an additional 478 shares in the last quarter. Finally, Bare Financial Services Inc raised its stake in shares of Vanguard Total Bond Market ETF by 10.2% in the 2nd quarter. Bare Financial Services Inc now owns 335,468 shares of the company’s stock valued at $24,700,000 after buying an additional 31,177 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Down 0.2%

Shares of BND stock traded down $0.15 during trading on Wednesday, reaching $73.49. The company had a trading volume of 6,569,971 shares, compared to its average volume of 9,917,738. The firm’s 50 day simple moving average is $74.20 and its two-hundred day simple moving average is $74.33. Vanguard Total Bond Market ETF has a one year low of $71.41 and a one year high of $75.23.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, March 2nd were given a $0.2278 dividend. This represents a c) annualized dividend and a yield of 3.7%. The ex-dividend date was Monday, March 2nd.

Vanguard Total Bond Market ETF Company Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.