Short Interest in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Decreases By 19.8%

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) was the recipient of a large decline in short interest during the month of October. As of October 31st, there was short interest totalling 5,750,000 shares, a decline of 19.8% from the October 15th total of 7,170,000 shares. Based on an average trading volume of 2,478,500 shares, the days-to-cover ratio is currently 2.3 days.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT opened at $76.62 on Friday. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $72.77 and a fifty-two week high of $82.63. The firm has a 50 day moving average price of $79.43 and a 200-day moving average price of $78.02.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were issued a dividend of $0.3375 per share. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Investors Weigh In On Vanguard Long-Term Corporate Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VCLT. Envestnet Portfolio Solutions Inc. raised its holdings in Vanguard Long-Term Corporate Bond ETF by 10.0% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 8,153 shares of the exchange traded fund’s stock valued at $638,000 after buying an additional 743 shares during the last quarter. Avantax Advisory Services Inc. raised its holdings in Vanguard Long-Term Corporate Bond ETF by 57.1% during the 1st quarter. Avantax Advisory Services Inc. now owns 4,718 shares of the exchange traded fund’s stock valued at $369,000 after buying an additional 1,715 shares during the last quarter. Vanguard Group Inc. raised its holdings in Vanguard Long-Term Corporate Bond ETF by 7.8% during the 1st quarter. Vanguard Group Inc. now owns 4,175,772 shares of the exchange traded fund’s stock valued at $326,671,000 after buying an additional 302,950 shares during the last quarter. Fiducient Advisors LLC raised its holdings in Vanguard Long-Term Corporate Bond ETF by 14.7% during the 1st quarter. Fiducient Advisors LLC now owns 399,768 shares of the exchange traded fund’s stock valued at $31,274,000 after buying an additional 51,378 shares during the last quarter. Finally, Osaic Holdings Inc. raised its holdings in Vanguard Long-Term Corporate Bond ETF by 57.9% during the 1st quarter. Osaic Holdings Inc. now owns 421,566 shares of the exchange traded fund’s stock valued at $32,978,000 after buying an additional 154,517 shares during the last quarter.

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.