Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sees Large Decline in Short Interest

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) was the recipient of a significant drop in short interest in February. As of February 27th, there was short interest totaling 88,507 shares, a drop of 64.8% from the February 12th total of 251,626 shares. Approximately 0.0% of the company’s stock are sold short. Based on an average trading volume of 1,876,245 shares, the days-to-cover ratio is currently 0.0 days. Based on an average trading volume of 1,876,245 shares, the days-to-cover ratio is currently 0.0 days. Approximately 0.0% of the company’s stock are sold short.

Vanguard Intermediate-Term Bond ETF Stock Performance

BIV stock traded down $0.10 during trading hours on Friday, hitting $77.16. The company’s stock had a trading volume of 2,333,756 shares, compared to its average volume of 2,246,141. The stock has a 50 day moving average price of $78.07 and a two-hundred day moving average price of $78.14. Vanguard Intermediate-Term Bond ETF has a 12 month low of $74.44 and a 12 month high of $79.08.

Vanguard Intermediate-Term Bond ETF Cuts Dividend

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

Hedge Funds Weigh In On Vanguard Intermediate-Term Bond ETF

Several institutional investors have recently bought and sold shares of BIV. OMNI 360 Wealth Inc. boosted its position in shares of Vanguard Intermediate-Term Bond ETF by 3.6% in the third quarter. OMNI 360 Wealth Inc. now owns 3,693 shares of the company’s stock valued at $288,000 after acquiring an additional 129 shares during the period. CRA Financial Services LLC increased its position in Vanguard Intermediate-Term Bond ETF by 3.8% during the fourth quarter. CRA Financial Services LLC now owns 3,530 shares of the company’s stock worth $275,000 after acquiring an additional 130 shares during the period. United Advisor Group LLC raised its stake in Vanguard Intermediate-Term Bond ETF by 5.0% during the 2nd quarter. United Advisor Group LLC now owns 2,747 shares of the company’s stock valued at $212,000 after purchasing an additional 131 shares during the last quarter. World Equity Group Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 3.7% in the 4th quarter. World Equity Group Inc. now owns 3,853 shares of the company’s stock valued at $300,000 after purchasing an additional 138 shares during the period. Finally, Koshinski Asset Management Inc. boosted its holdings in Vanguard Intermediate-Term Bond ETF by 1.1% in the 3rd quarter. Koshinski Asset Management Inc. now owns 13,194 shares of the company’s stock valued at $1,030,000 after purchasing an additional 141 shares during the period.

About Vanguard Intermediate-Term Bond ETF

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.