Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Down 15.5% in January

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the recipient of a large decline in short interest during the month of January. As of January 15th, there was short interest totalling 16,380,000 shares, a decline of 15.5% from the December 31st total of 19,390,000 shares. Based on an average trading volume of 6,498,700 shares, the days-to-cover ratio is presently 2.5 days.

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

A number of hedge funds have recently made changes to their positions in the stock. Providence Capital Advisors LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the 3rd quarter worth approximately $25,000. Bull Oak Capital LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF during the third quarter worth $27,000. Sound Income Strategies LLC boosted its position in Vanguard Intermediate-Term Corporate Bond ETF by 73.9% during the third quarter. Sound Income Strategies LLC now owns 353 shares of the company’s stock valued at $30,000 after acquiring an additional 150 shares during the last quarter. Nvwm LLC grew its holdings in Vanguard Intermediate-Term Corporate Bond ETF by 42.6% during the 4th quarter. Nvwm LLC now owns 499 shares of the company’s stock worth $40,000 after acquiring an additional 149 shares during the period. Finally, Field & Main Bank bought a new position in shares of Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth about $52,000.

Vanguard Intermediate-Term Corporate Bond ETF Trading Down 0.2 %

NASDAQ VCIT traded down $0.13 on Friday, hitting $80.80. The company’s stock had a trading volume of 7,226,889 shares, compared to its average volume of 6,489,459. The company’s 50-day moving average is $80.78 and its 200 day moving average is $81.75. Vanguard Intermediate-Term Corporate Bond ETF has a 1-year low of $77.80 and a 1-year high of $84.25.

Vanguard Intermediate-Term Corporate Bond 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 $0.3119 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is a positive change from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.30.

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.