Short Interest in Vanguard Total Bond Market ETF (NASDAQ:BND) Drops By 52.1%

Vanguard Total Bond Market ETF (NASDAQ:BND) was the recipient of a large decline in short interest during the month of December. As of December 15th, there was short interest totalling 1,380,000 shares, a decline of 52.1% from the November 30th total of 2,880,000 shares. Based on an average trading volume of 6,136,700 shares, the days-to-cover ratio is presently 0.2 days.

Vanguard Total Bond Market ETF Stock Performance

Shares of Vanguard Total Bond Market ETF stock traded down $0.15 during trading on Friday, hitting $71.75. The company’s stock had a trading volume of 9,018,612 shares, compared to its average volume of 6,568,124. Vanguard Total Bond Market ETF has a 52 week low of $70.37 and a 52 week high of $75.67. The stock has a 50-day moving average price of $72.85 and a two-hundred day moving average price of $73.47.

Vanguard Total Bond Market ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a $0.2334 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

A number of hedge funds have recently made changes to their positions in the stock. Essex Financial Services Inc. increased its position in Vanguard Total Bond Market ETF by 4.9% during the 2nd quarter. Essex Financial Services Inc. now owns 3,009 shares of the company’s stock valued at $217,000 after purchasing an additional 140 shares during the period. Cahaba Wealth Management Inc. increased its position in shares of Vanguard Total Bond Market ETF by 0.8% during the second quarter. Cahaba Wealth Management Inc. now owns 18,673 shares of the company’s stock worth $1,345,000 after buying an additional 142 shares during the period. Hill Investment Group Partners LLC raised its stake in Vanguard Total Bond Market ETF by 0.8% during the second quarter. Hill Investment Group Partners LLC now owns 17,571 shares of the company’s stock worth $1,277,000 after buying an additional 144 shares during the last quarter. Towneley Capital Management Inc DE lifted its holdings in Vanguard Total Bond Market ETF by 4.7% in the third quarter. Towneley Capital Management Inc DE now owns 3,251 shares of the company’s stock valued at $244,000 after buying an additional 145 shares during the period. Finally, Cypress Point Wealth Management LLC boosted its position in Vanguard Total Bond Market ETF by 0.7% during the third quarter. Cypress Point Wealth Management LLC now owns 19,939 shares of the company’s stock valued at $1,498,000 after acquiring an additional 145 shares during the last quarter.

About Vanguard Total Bond Market ETF

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.