Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) Shares Shorted: Short Interest Up 59.5% in September

Vanguard Intermediate-Term Treasury ETF (NASDAQ:VGIT) was the recipient of a significant growth in short interest during the month of September. As of September 15th, there was short interest totaling 2,074,526 shares, a growth of 59.5% from the August 31st total of 1,300,816 shares. Based on an average daily volume of 4,048,987 shares, the short-interest ratio is presently 0.5 days. Approximately 0.3% of the company’s shares are short sold.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VGIT. Bank of America Corp DE grew its position in Vanguard Intermediate-Term Treasury ETF by 61.6% during the first quarter. Bank of America Corp DE now owns 83,053,264 shares of the company’s stock valued at $4,945,822,000 after acquiring an additional 31,643,968 shares during the period. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 7.7% in the 4th quarter. JPMorgan Chase & Co. now owns 77,294,138 shares of the company’s stock worth $4,632,238,000 after purchasing an additional 5,493,522 shares during the period. Focus Partners Wealth raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 32.7% in the 4th quarter. Focus Partners Wealth now owns 12,566,508 shares of the company’s stock worth $753,111,000 after purchasing an additional 3,095,022 shares during the period. Corient Private Wealth LLC raised its holdings in shares of Vanguard Intermediate-Term Treasury ETF by 287.7% in the 4th quarter. Corient Private Wealth LLC now owns 11,695,594 shares of the company’s stock worth $700,917,000 after purchasing an additional 8,679,152 shares during the period. Finally, Blue Trust Inc. lifted its stake in shares of Vanguard Intermediate-Term Treasury ETF by 15.4% in the 1st quarter. Blue Trust Inc. now owns 7,236,263 shares of the company’s stock valued at $430,919,000 after purchasing an additional 966,134 shares in the last quarter.

Vanguard Intermediate-Term Treasury ETF Stock Down 0.1%

Shares of VGIT traded down $0.09 during mid-day trading on Wednesday, reaching $56.62. The company had a trading volume of 3,080,114 shares, compared to its average volume of 3,934,668. The firm has a fifty day simple moving average of $57.96 and a 200-day simple moving average of $58.68. Vanguard Intermediate-Term Treasury ETF has a fifty-two week low of $56.58 and a fifty-two week high of $60.76.

About Vanguard Intermediate-Term Treasury 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. 3-10 Year Government Float Adjusted Index (the Fund). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities between 3 and 10 years.