Short Interest in Vanguard Total Bond Market ETF (NASDAQ:BND) Rises By 18.7%

Vanguard Total Bond Market ETF (NASDAQ:BND) saw a large growth in short interest in the month of March. As of March 13th, there was short interest totaling 4,356,694 shares, a growth of 18.7% from the February 26th total of 3,669,951 shares. Approximately 0.2% of the shares of the stock are sold short. Based on an average daily volume of 9,513,795 shares, the days-to-cover ratio is presently 0.5 days.

Vanguard Total Bond Market ETF Price Performance

Shares of BND opened at $73.88 on Tuesday. Vanguard Total Bond Market ETF has a 12 month low of $71.41 and a 12 month high of $75.23. The stock’s 50 day moving average is $74.20 and its two-hundred day moving average is $74.33.

Vanguard Total Bond Market ETF Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 4th. Investors of record on Monday, March 2nd were paid a $0.2278 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 3.7%.

Hedge Funds Weigh In On Vanguard Total Bond Market ETF

A number of large investors have recently added to or reduced their stakes in BND. JPMorgan Chase & Co. increased its stake in shares of Vanguard Total Bond Market ETF by 6.3% during the fourth quarter. JPMorgan Chase & Co. now owns 139,629,587 shares of the company’s stock worth $10,342,364,000 after purchasing an additional 8,283,073 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in Vanguard Total Bond Market ETF by 3.4% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 130,902,798 shares of the company’s stock valued at $9,695,970,000 after buying an additional 4,285,563 shares in the last quarter. Creative Planning lifted its stake in Vanguard Total Bond Market ETF by 8.7% in the 3rd quarter. Creative Planning now owns 124,942,968 shares of the company’s stock valued at $9,292,008,000 after buying an additional 10,046,828 shares in the last quarter. Morgan Stanley boosted its holdings in Vanguard Total Bond Market ETF by 15.0% in the 4th quarter. Morgan Stanley now owns 124,929,480 shares of the company’s stock worth $9,253,527,000 after buying an additional 16,287,510 shares during the last quarter. Finally, Vanguard Group Inc. increased its stake in Vanguard Total Bond Market ETF by 9.7% during the 4th quarter. Vanguard Group Inc. now owns 78,903,250 shares of the company’s stock worth $5,844,363,000 after buying an additional 6,989,480 shares in the last quarter.

Vanguard Total Bond Market ETF Company Profile

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.