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

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) was the target of a large growth in short interest in September. As of September 30th, there was short interest totaling 112,036 shares, a growth of 111.2% from the September 15th total of 53,057 shares. Based on an average daily trading volume, of 721,559 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the company’s stock are sold short.

Institutional Investors Weigh In On Vanguard Long-Term Bond ETF

Hedge funds have recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. lifted its holdings in shares of Vanguard Long-Term Bond ETF by 1.6% in the 2nd quarter. Envestnet Asset Management Inc. now owns 13,866,536 shares of the company’s stock worth $955,820,000 after purchasing an additional 220,714 shares in the last quarter. Lincoln National Corp grew its position in Vanguard Long-Term Bond ETF by 2.6% in the 1st quarter. Lincoln National Corp now owns 2,627,194 shares of the company’s stock valued at $180,698,000 after purchasing an additional 65,347 shares during the period. Bank of New York Mellon Corp grew its position in Vanguard Long-Term Bond ETF by 8.8% in the 1st quarter. Bank of New York Mellon Corp now owns 1,547,205 shares of the company’s stock valued at $106,417,000 after purchasing an additional 124,511 shares during the period. Bank of America Corp DE grew its position in Vanguard Long-Term Bond ETF by 87.9% in the 1st quarter. Bank of America Corp DE now owns 1,235,200 shares of the company’s stock valued at $84,957,000 after purchasing an additional 577,868 shares during the period. Finally, Royal Bank of Canada increased its stake in Vanguard Long-Term Bond ETF by 2.1% during the 1st quarter. Royal Bank of Canada now owns 1,113,617 shares of the company’s stock valued at $76,595,000 after purchasing an additional 23,070 shares in the last quarter.

Vanguard Long-Term Bond ETF Stock Up 0.5%

BLV stock traded up $0.30 during trading on Wednesday, reaching $63.38. 998,234 shares of the stock were exchanged, compared to its average volume of 804,910. The firm’s 50 day moving average is $64.97 and its 200 day moving average is $67.06. Vanguard Long-Term Bond ETF has a twelve month low of $61.78 and a twelve month high of $72.63.

Vanguard Long-Term Bond ETF Company Profile

Vanguard Bond Index Funds (the Fund), formerly Vanguard Long-Term Bond ETF, seeks to track the performance of a market-weighted bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S.Long 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 greater than 10 years and are publicly issued.