Vanguard Short Duration Bond ETF (BATS:VSDB) Sees Significant Growth in Short Interest

Vanguard Short Duration Bond ETF (BATS:VSDB) was the target of a significant growth in short interest in September. As of September 15th, there was short interest totaling 319,750 shares, a growth of 731.4% from the August 31st total of 38,458 shares. Based on an average trading volume of 98,523 shares, the days-to-cover ratio is currently 3.2 days. Currently, 48.4% of the shares of the stock are short sold.

Institutional Investors Weigh In On Vanguard Short Duration Bond ETF

Several hedge funds have recently modified their holdings of the company. Orgel Wealth Management LLC grew its holdings in shares of Vanguard Short Duration Bond ETF by 135.0% during the second quarter. Orgel Wealth Management LLC now owns 8,199,393 shares of the company’s stock worth $625,942,000 after buying an additional 4,710,224 shares in the last quarter. NorthLanding Financial Partners LLC acquired a new position in shares of Vanguard Short Duration Bond ETF in the second quarter valued at approximately $21,554,000. Beaird Harris Wealth Management LLC lifted its stake in shares of Vanguard Short Duration Bond ETF by 51.5% during the second quarter. Beaird Harris Wealth Management LLC now owns 203,992 shares of the company’s stock valued at $15,573,000 after buying an additional 69,337 shares during the period. CGN Advisors LLC lifted its stake in shares of Vanguard Short Duration Bond ETF by 33.3% during the second quarter. CGN Advisors LLC now owns 94,661 shares of the company’s stock valued at $7,226,000 after buying an additional 23,647 shares during the period. Finally, Keystone Financial Group Inc. boosted its position in Vanguard Short Duration Bond ETF by 43.2% during the first quarter. Keystone Financial Group Inc. now owns 48,256 shares of the company’s stock worth $3,680,000 after acquiring an additional 14,546 shares during the last quarter.

Vanguard Short Duration Bond ETF Stock Down 0.2%

Shares of VSDB traded down $0.13 during trading hours on Thursday, reaching $74.74. 79,116 shares of the company traded hands, compared to its average volume of 96,472. The stock has a fifty day simple moving average of $75.73 and a 200 day simple moving average of $76.03. Vanguard Short Duration Bond ETF has a fifty-two week low of $74.74 and a fifty-two week high of $77.64.

About Vanguard Short Duration Bond ETF

Vanguard Malvern Funds – Vanguard Short Duration Bond ETF is an exchange traded fund launched and managed by The Vanguard Group, Inc The fund invests in the fixed income markets of the United States. The fund primarily invests in bonds, which include fixed income securities such as corporate bonds, U.S. Treasury obligations and other U.S. government and agency securities, and asset-backed, mortgage-backed and mortgage-related securities. It invests in bond with dollar-weighted average maturity between 1 and 5 years.