Short Interest in Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Decreases By 20.6%

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) was the target of a significant drop in short interest in June. As of June 30th, there was short interest totalling 13,490,000 shares, a drop of 20.6% from the June 15th total of 17,000,000 shares. Based on an average daily trading volume, of 6,325,600 shares, the days-to-cover ratio is presently 2.1 days.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.3 %

NASDAQ:VCIT opened at $81.15 on Monday. The stock’s 50-day simple moving average is $79.90 and its 200 day simple moving average is $79.90. Vanguard Intermediate-Term Corporate Bond ETF has a twelve month low of $73.78 and a twelve month high of $81.65.

Vanguard Intermediate-Term Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, July 3rd. Investors of record on Monday, July 1st were paid a $0.2887 dividend. The ex-dividend date was Monday, July 1st.

Institutional Trading of Vanguard Intermediate-Term Corporate Bond ETF

Several large investors have recently bought and sold shares of VCIT. Fisher Asset Management LLC raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the fourth quarter. Fisher Asset Management LLC now owns 73,219,949 shares of the company’s stock valued at $5,951,318,000 after purchasing an additional 4,560,437 shares during the last quarter. JPMorgan Chase & Co. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 6.6% in the first quarter. JPMorgan Chase & Co. now owns 62,648,363 shares of the company’s stock valued at $5,043,820,000 after purchasing an additional 3,892,110 shares during the last quarter. Charles Schwab Investment Management Inc. raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 81.4% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,338,854 shares of the company’s stock valued at $433,942,000 after purchasing an additional 2,395,580 shares during the last quarter. Nepc LLC bought a new position in Vanguard Intermediate-Term Corporate Bond ETF in the fourth quarter valued at about $163,910,000. Finally, The Manufacturers Life Insurance Company raised its position in Vanguard Intermediate-Term Corporate Bond ETF by 19.8% in the fourth quarter. The Manufacturers Life Insurance Company now owns 9,590,500 shares of the company’s stock valued at $779,516,000 after purchasing an additional 1,585,673 shares during the last quarter.

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.