Vanguard Intermediate-Term Bond ETF (BIV) Sees Large Drop in Short Interest

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) saw a large decrease in short interest in the month of January. As of January 31st, there was short interest totalling 144,803 shares, a decrease of 75.4% from the January 12th total of 588,028 shares. Based on an average daily volume of 1,055,537 shares, the days-to-cover ratio is presently 0.1 days.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Godshalk Welsh Capital Management Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 8.0% in the 4th quarter. Godshalk Welsh Capital Management Inc. now owns 10,485 shares of the company’s stock worth $879,000 after purchasing an additional 776 shares during the period. Boys Arnold & Co. Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 21.7% in the 4th quarter. Boys Arnold & Co. Inc. now owns 4,435 shares of the company’s stock worth $372,000 after purchasing an additional 790 shares during the period. Oarsman Capital Inc. raised its holdings in Vanguard Intermediate-Term Bond ETF by 14.0% in the 4th quarter. Oarsman Capital Inc. now owns 6,834 shares of the company’s stock worth $573,000 after purchasing an additional 839 shares during the period. Smith Moore & CO. raised its holdings in Vanguard Intermediate-Term Bond ETF by 36.8% in the 4th quarter. Smith Moore & CO. now owns 4,328 shares of the company’s stock worth $363,000 after purchasing an additional 1,164 shares during the period. Finally, Phillips Financial Management LLC raised its holdings in Vanguard Intermediate-Term Bond ETF by 1.8% in the 4th quarter. Phillips Financial Management LLC now owns 66,971 shares of the company’s stock worth $5,595,000 after purchasing an additional 1,171 shares during the period.

Vanguard Intermediate-Term Bond ETF (NYSEARCA BIV) opened at $81.24 on Thursday. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $81.21 and a fifty-two week high of $85.85.

The firm also recently declared a monthly dividend, which was paid on Tuesday, February 6th. Investors of record on Friday, February 2nd were issued a $0.1874 dividend. This is a boost from Vanguard Intermediate-Term Bond ETF’s previous monthly dividend of $0.18. The ex-dividend date of this dividend was Thursday, February 1st. This represents a $2.25 dividend on an annualized basis and a yield of 2.77%.

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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).

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