Vanguard Total Bond Market ETF (NASDAQ:BND) Sees Significant Decrease in Short Interest

Vanguard Total Bond Market ETF (NASDAQ:BND) was the target of a large drop in short interest during the month of June. As of June 15th, there was short interest totalling 1,750,000 shares, a drop of 28.6% from the May 31st total of 2,450,000 shares. Based on an average daily volume of 6,650,100 shares, the short-interest ratio is currently 0.3 days.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 90.3% during the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 371 shares of the company’s stock worth $27,000 after purchasing an additional 176 shares during the period. VitalStone Financial LLC boosted its position in Vanguard Total Bond Market ETF by 3,300.0% in the third quarter. VitalStone Financial LLC now owns 408 shares of the company’s stock valued at $28,000 after buying an additional 396 shares in the last quarter. Marquette Asset Management LLC acquired a new stake in Vanguard Total Bond Market ETF in the first quarter valued at approximately $30,000. Lee Financial Co acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $31,000. Finally, ORG Partners LLC acquired a new stake in Vanguard Total Bond Market ETF in the fourth quarter valued at approximately $42,000.

Vanguard Total Bond Market ETF Trading Down 0.9 %

NASDAQ:BND traded down $0.65 during mid-day trading on Monday, hitting $71.40. The stock had a trading volume of 3,616,202 shares, compared to its average volume of 7,101,937. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $73.92. The company’s 50 day simple moving average is $71.73 and its 200 day simple moving average is $72.23.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, June 5th. Shareholders of record on Monday, June 3rd were issued a $0.219 dividend. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Monday, June 3rd.

Vanguard Total Bond Market ETF Company Profile

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.