Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Stock Short Interest Jumps 111.2%

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) was the target of a large growth in short interest in the month of September. As of September 30th, there was short interest totaling 112,036 shares, a growth of 111.2% from the September 15th total of 53,057 shares. Based on an average daily trading volume, of 721,559 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s stock are short sold.

Vanguard Long-Term Bond ETF Price Performance

BLV stock traded up $0.07 during trading on Tuesday, reaching $63.03. 466,110 shares of the company traded hands, compared to its average volume of 801,273. The business has a 50 day simple moving average of $65.04 and a 200 day simple moving average of $67.10. Vanguard Long-Term Bond ETF has a 12 month low of $61.78 and a 12 month high of $72.63.

Hedge Funds Weigh In On Vanguard Long-Term Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Envestnet Portfolio Solutions Inc. increased its stake in Vanguard Long-Term Bond ETF by 4.4% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 478,824 shares of the company’s stock worth $33,005,000 after buying an additional 20,213 shares in the last quarter. Envestnet Asset Management Inc. increased its position in shares of Vanguard Long-Term Bond ETF by 1.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 13,866,536 shares of the company’s stock worth $955,820,000 after purchasing an additional 220,714 shares during the last quarter. Capital Analysts LLC boosted its position in shares of Vanguard Long-Term Bond ETF by 17.0% during the 2nd quarter. Capital Analysts LLC now owns 28,779 shares of the company’s stock worth $1,984,000 after purchasing an additional 4,192 shares during the period. RFG Advisory LLC boosted its holdings in Vanguard Long-Term Bond ETF by 10.6% during the 2nd quarter. RFG Advisory LLC now owns 16,940 shares of the company’s stock valued at $1,168,000 after acquiring an additional 1,620 shares during the period. Finally, NewEdge Advisors LLC lifted its holdings in Vanguard Long-Term Bond ETF by 34.6% during the 2nd quarter. NewEdge Advisors LLC now owns 254,760 shares of the company’s stock worth $17,561,000 after buying an additional 65,517 shares in the last quarter.

Vanguard Long-Term Bond ETF Company Profile

Vanguard Bond Index Funds (the Fund), formerly Vanguard Long-Term Bond ETF, seeks to track the performance of a market-weighted bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S.Long 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 of greater than 10 years and are publicly issued.