Vanguard Short-Term Bond ETF (NYSEARCA:BSV) Sees Large Increase in Short Interest

Vanguard Short-Term Bond ETF (NYSEARCA:BSV) saw a significant increase in short interest during the month of March. As of March 13th, there was short interest totaling 436,392 shares, an increase of 22.4% from the February 26th total of 356,667 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 2,899,848 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Vanguard Short-Term Bond ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Purpose Unlimited Inc. purchased a new position in shares of Vanguard Short-Term Bond ETF during the 4th quarter valued at about $111,130,000. Rockefeller Capital Management L.P. raised its stake in Vanguard Short-Term Bond ETF by 43.8% during the 4th quarter. Rockefeller Capital Management L.P. now owns 95,379 shares of the company’s stock worth $7,517,000 after acquiring an additional 29,060 shares during the period. World Investment Advisors lifted its holdings in Vanguard Short-Term Bond ETF by 13.8% during the fourth quarter. World Investment Advisors now owns 1,098,909 shares of the company’s stock valued at $86,605,000 after purchasing an additional 132,983 shares in the last quarter. Meadowbrook Advisors Group LLC purchased a new position in Vanguard Short-Term Bond ETF during the fourth quarter valued at approximately $378,000. Finally, DUTCH ASSET Corp bought a new position in shares of Vanguard Short-Term Bond ETF in the fourth quarter worth approximately $547,000.

Vanguard Short-Term Bond ETF Stock Performance

NYSEARCA BSV traded up $0.18 during trading hours on Monday, hitting $78.32. 6,563,880 shares of the company’s stock traded hands, compared to its average volume of 3,147,728. Vanguard Short-Term Bond ETF has a 52 week low of $77.59 and a 52 week high of $79.32. The business’s fifty day moving average price is $78.74 and its two-hundred day moving average price is $78.84.

Vanguard Short-Term Bond 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 given a dividend of $0.2415 per share. The ex-dividend date was Monday, March 2nd. This represents a c) annualized dividend and a yield of 3.7%.

About Vanguard Short-Term Bond ETF

Vanguard Short-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with a short-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. 1-5 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 of between 1 and 5 years and are publicly issued.