Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Update

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the recipient of a significant growth in short interest during the month of May. As of May 29th, there was short interest totaling 19,084,260 shares, a growth of 64.1% from the May 14th total of 11,630,002 shares. Currently, 2.5% of the company’s stock are short sold. Based on an average daily trading volume, of 9,289,084 shares, the days-to-cover ratio is presently 2.1 days.

Hedge Funds Weigh In On Vanguard Intermediate-Term Corporate Bond ETF

Large investors have recently bought and sold shares of the business. HHM Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at $29,000. Brown Brothers Harriman & Co. grew its holdings in shares of Vanguard Intermediate-Term Corporate Bond ETF by 136.1% during the fourth quarter. Brown Brothers Harriman & Co. now owns 347 shares of the company’s stock worth $29,000 after purchasing an additional 200 shares during the last quarter. Richards Merrill & Peterson Inc. purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $30,000. Monetary Solutions Ltd purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth about $30,000. Finally, Chapman Financial Group LLC purchased a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF during the second quarter worth about $31,000.

Vanguard Intermediate-Term Corporate Bond ETF Price Performance

NASDAQ:VCIT opened at $82.50 on Tuesday. The business’s fifty day moving average price is $82.65 and its 200 day moving average price is $83.36. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $81.43 and a 12 month high of $84.84.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, June 3rd. Investors of record on Monday, June 1st were issued a $0.3412 dividend. This represents a c) annualized dividend and a yield of 5.0%. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous monthly dividend of $0.33. The ex-dividend date of this dividend was Monday, June 1st.

Vanguard Intermediate-Term Corporate Bond ETF Company Profile

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.