Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) Sees Large Growth in Short Interest

Vanguard Long-Term Treasury ETF (NASDAQ:VGLT) was the target of a large increase in short interest in February. As of February 27th, there was short interest totaling 2,100,084 shares, an increase of 56.3% from the February 12th total of 1,343,762 shares. Based on an average daily volume of 3,129,554 shares, the days-to-cover ratio is presently 0.7 days. Currently, 1.2% of the company’s stock are short sold. Currently, 1.2% of the company’s stock are short sold. Based on an average daily volume of 3,129,554 shares, the days-to-cover ratio is presently 0.7 days.

Vanguard Long-Term Treasury ETF Stock Performance

VGLT traded down $0.24 during trading on Friday, reaching $55.31. The company had a trading volume of 978,765 shares, compared to its average volume of 2,958,766. Vanguard Long-Term Treasury ETF has a 12 month low of $53.17 and a 12 month high of $59.46. The business’s fifty day moving average price is $56.37 and its 200 day moving average price is $56.62.

Vanguard Long-Term Treasury ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.1874 dividend. The ex-dividend date of this dividend was Monday, March 2nd. This represents a c) dividend on an annualized basis and a yield of 4.1%.

Institutional Trading of Vanguard Long-Term Treasury ETF

Several hedge funds and other institutional investors have recently modified their holdings of VGLT. Capital Analysts LLC raised its position in Vanguard Long-Term Treasury ETF by 38.6% in the 4th quarter. Capital Analysts LLC now owns 653 shares of the company’s stock valued at $36,000 after buying an additional 182 shares during the last quarter. Sightline Wealth Advisors LLC raised its holdings in shares of Vanguard Long-Term Treasury ETF by 1.5% in the fourth quarter. Sightline Wealth Advisors LLC now owns 13,007 shares of the company’s stock valued at $726,000 after purchasing an additional 190 shares during the last quarter. Clearstead Advisors LLC lifted its position in shares of Vanguard Long-Term Treasury ETF by 34.6% in the third quarter. Clearstead Advisors LLC now owns 810 shares of the company’s stock worth $46,000 after purchasing an additional 208 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in Vanguard Long-Term Treasury ETF by 9.7% during the third quarter. PNC Financial Services Group Inc. now owns 2,356 shares of the company’s stock worth $134,000 after purchasing an additional 208 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB grew its position in Vanguard Long-Term Treasury ETF by 6.4% in the third quarter. Wilmington Savings Fund Society FSB now owns 3,767 shares of the company’s stock valued at $214,000 after purchasing an additional 227 shares in the last quarter.

Vanguard Long-Term Treasury ETF Company Profile

Vanguard Long Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. Long Government Float Adjusted Index (the Index). This Index includes fixed-income securities issued by the United States Treasury (not including inflation-protected bonds) and the United States Government agencies and instrumentalities, as well as corporate or dollar-denominated foreign debt guaranteed by the United States Government, with maturities greater than 10 years.