Short Interest in Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Decreases By 49.4%

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) was the target of a large decline in short interest in the month of July. As of July 15th, there was short interest totaling 182,369 shares, a decline of 49.4% from the June 30th total of 360,252 shares. Approximately 0.0% of the shares of the company are sold short. Based on an average daily volume of 1,453,882 shares, the days-to-cover ratio is presently 0.1 days.

Vanguard Intermediate-Term Bond ETF Price Performance

Shares of NYSEARCA:BIV traded up $0.14 during trading on Tuesday, hitting $75.81. The company’s stock had a trading volume of 131,093 shares, compared to its average volume of 1,960,534. The company has a 50-day moving average of $76.28 and a 200-day moving average of $77.12. Vanguard Intermediate-Term Bond ETF has a 12 month low of $75.35 and a 12 month high of $79.08.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. EP Wealth Advisors LLC purchased a new stake in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter worth $672,555,000. Fifth Third Bancorp lifted its position in Vanguard Intermediate-Term Bond ETF by 1,077.4% during the first quarter. Fifth Third Bancorp now owns 1,496,862 shares of the company’s stock valued at $115,528,000 after purchasing an additional 1,369,725 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its holdings in Vanguard Intermediate-Term Bond ETF by 13.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock valued at $874,408,000 after purchasing an additional 1,315,707 shares during the period. Wells Fargo & Company MN raised its stake in shares of Vanguard Intermediate-Term Bond ETF by 5.1% in the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock worth $1,988,021,000 after buying an additional 1,249,895 shares during the period. Finally, Morgan Stanley lifted its position in shares of Vanguard Intermediate-Term Bond ETF by 11.8% during the 4th quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock valued at $581,888,000 after buying an additional 790,288 shares in the last quarter.

About Vanguard Intermediate-Term Bond ETF

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.