Short Interest in Vanguard Total Bond Market ETF (NASDAQ:BND) Declines By 23.9%

Vanguard Total Bond Market ETF (NASDAQ:BND) was the recipient of a large decrease in short interest in the month of September. As of September 15th, there was short interest totalling 2,610,000 shares, a decrease of 23.9% from the August 31st total of 3,430,000 shares. Based on an average daily volume of 6,161,000 shares, the short-interest ratio is currently 0.4 days.

Vanguard Total Bond Market ETF Stock Up 0.3 %

BND stock traded up $0.22 during trading on Friday, reaching $75.28. 3,927,955 shares of the stock were exchanged, compared to its average volume of 6,652,845. The stock has a 50 day simple moving average of $74.41 and a 200-day simple moving average of $72.76. Vanguard Total Bond Market ETF has a twelve month low of $67.99 and a twelve month high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, September 5th. Stockholders of record on Tuesday, September 3rd were issued a dividend of $0.2255 per share. This is an increase from Vanguard Total Bond Market ETF’s previous dividend of $0.22. The ex-dividend date was Tuesday, September 3rd.

Institutional Trading of Vanguard Total Bond Market ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BND. Creative Planning grew its holdings in shares of Vanguard Total Bond Market ETF by 11.5% in the 2nd quarter. Creative Planning now owns 84,438,154 shares of the company’s stock worth $6,083,769,000 after purchasing an additional 8,691,058 shares during the last quarter. Vanguard Group Inc. boosted its holdings in shares of Vanguard Total Bond Market ETF by 20.1% in the 1st quarter. Vanguard Group Inc. now owns 37,326,573 shares of the company’s stock worth $2,711,029,000 after acquiring an additional 6,253,040 shares in the last quarter. Envestnet Asset Management Inc. grew its position in Vanguard Total Bond Market ETF by 0.6% during the 4th quarter. Envestnet Asset Management Inc. now owns 18,752,172 shares of the company’s stock worth $1,379,222,000 after acquiring an additional 104,945 shares during the last quarter. Morningstar Investment Services LLC grew its position in Vanguard Total Bond Market ETF by 90.1% during the 4th quarter. Morningstar Investment Services LLC now owns 17,898,072 shares of the company’s stock worth $1,319,534,000 after acquiring an additional 8,482,025 shares during the last quarter. Finally, Allworth Financial LP increased its holdings in Vanguard Total Bond Market ETF by 5.3% during the 1st quarter. Allworth Financial LP now owns 16,564,654 shares of the company’s stock valued at $1,203,091,000 after purchasing an additional 828,500 shares in the last quarter.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.