Short Interest in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Decreases By 26.3%

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) was the target of a significant decline in short interest in March. As of March 15th, there was short interest totalling 5,670,000 shares, a decline of 26.3% from the February 28th total of 7,690,000 shares. Based on an average daily volume of 2,684,400 shares, the short-interest ratio is presently 2.1 days. Approximately 3.1% of the shares of the company are sold short.

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

Hedge funds have recently modified their holdings of the business. Prudential PLC boosted its stake in Vanguard Long-Term Corporate Bond ETF by 9.5% during the 4th quarter. Prudential PLC now owns 83,858,679 shares of the exchange traded fund’s stock worth $6,270,952,000 after purchasing an additional 7,307,685 shares during the period. Vanguard Group Inc. raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 6.5% in the fourth quarter. Vanguard Group Inc. now owns 4,847,247 shares of the exchange traded fund’s stock valued at $362,477,000 after buying an additional 293,885 shares during the last quarter. State of Tennessee Department of Treasury boosted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 15.5% during the fourth quarter. State of Tennessee Department of Treasury now owns 4,525,479 shares of the exchange traded fund’s stock worth $338,415,000 after buying an additional 608,967 shares during the period. Bank of America Corp DE grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 22.2% during the fourth quarter. Bank of America Corp DE now owns 2,580,995 shares of the exchange traded fund’s stock worth $193,007,000 after buying an additional 468,697 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. acquired a new position in Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at about $162,069,000.

Vanguard Long-Term Corporate Bond ETF Price Performance

Shares of NASDAQ VCLT opened at $75.91 on Tuesday. The business has a 50-day moving average price of $75.81 and a 200 day moving average price of $77.02. Vanguard Long-Term Corporate Bond ETF has a 52-week low of $72.86 and a 52-week high of $82.63.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were issued a $0.3032 dividend. The ex-dividend date was Monday, March 3rd.

Vanguard Long-Term Corporate Bond ETF Company Profile

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.