Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Short Interest Down 21.8% in January

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the recipient of a significant drop in short interest in January. As of January 31st, there was short interest totalling 15,770,000 shares, a drop of 21.8% from the January 15th total of 20,170,000 shares. Based on an average daily trading volume, of 6,168,900 shares, the short-interest ratio is presently 2.6 days.

Vanguard Intermediate-Term Corporate Bond ETF Trading Up 0.4 %

NASDAQ:VCIT traded up $0.30 during trading hours on Friday, reaching $80.98. 5,392,027 shares of the company’s stock were exchanged, compared to its average volume of 6,442,158. Vanguard Intermediate-Term Corporate Bond ETF has a 12 month low of $77.80 and a 12 month high of $84.25. The business’s 50-day simple moving average is $80.53 and its two-hundred day simple moving average is $81.74.

Vanguard Intermediate-Term Corporate Bond ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a dividend of $0.3129 per share. This is a boost from Vanguard Intermediate-Term Corporate Bond ETF’s previous dividend of $0.31. The ex-dividend date was Monday, February 3rd.

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VCIT. Fisher Asset Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 4.8% in the 4th quarter. Fisher Asset Management LLC now owns 92,783,951 shares of the company’s stock worth $7,447,768,000 after purchasing an additional 4,289,340 shares during the period. Raymond James Financial Inc. acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the 4th quarter worth approximately $323,370,000. JPMorgan Chase & Co. boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 6.3% in the 4th quarter. JPMorgan Chase & Co. now owns 50,189,734 shares of the company’s stock worth $4,028,730,000 after purchasing an additional 2,992,971 shares during the period. International Assets Investment Management LLC boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 16,198.3% in the 3rd quarter. International Assets Investment Management LLC now owns 2,382,811 shares of the company’s stock worth $199,560,000 after purchasing an additional 2,368,191 shares during the period. Finally, Life Planning Partners Inc boosted its stake in Vanguard Intermediate-Term Corporate Bond ETF by 7,732.2% in the 4th quarter. Life Planning Partners Inc now owns 2,308,083 shares of the company’s stock worth $185,270,000 after purchasing an additional 2,278,614 shares during the period.

About Vanguard Intermediate-Term Corporate Bond ETF

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.