Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Declines By 42.8%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the target of a significant drop in short interest in March. As of March 15th, there was short interest totalling 956,000 shares, a drop of 42.8% from the February 28th total of 1,670,000 shares. Based on an average daily volume of 2,464,700 shares, the days-to-cover ratio is currently 0.4 days. Currently, 0.5% of the shares of the stock are sold short.

Vanguard Long-Term Treasury Index ETF Trading Down 0.3 %

Shares of Vanguard Long-Term Treasury Index ETF stock opened at $56.40 on Friday. The company has a 50 day simple moving average of $56.59 and a two-hundred day simple moving average of $57.68. Vanguard Long-Term Treasury Index ETF has a 1 year low of $53.80 and a 1 year high of $63.41.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were given a $0.1893 dividend. The ex-dividend date was Monday, March 3rd.

Institutional Investors Weigh In On Vanguard Long-Term Treasury Index ETF

A number of large investors have recently added to or reduced their stakes in the company. Bank of New York Mellon Corp raised its position in Vanguard Long-Term Treasury Index ETF by 15.9% in the 4th quarter. Bank of New York Mellon Corp now owns 430,037 shares of the company’s stock worth $23,803,000 after purchasing an additional 58,966 shares during the period. Private Advisor Group LLC increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 11.9% in the fourth quarter. Private Advisor Group LLC now owns 6,204 shares of the company’s stock worth $343,000 after buying an additional 660 shares during the period. Stifel Financial Corp lifted its stake in shares of Vanguard Long-Term Treasury Index ETF by 15.9% in the 3rd quarter. Stifel Financial Corp now owns 64,939 shares of the company’s stock valued at $3,996,000 after acquiring an additional 8,911 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Vanguard Long-Term Treasury Index ETF by 18.2% during the 4th quarter. Jones Financial Companies Lllp now owns 7,230 shares of the company’s stock valued at $400,000 after acquiring an additional 1,111 shares during the period. Finally, Hirtle Callaghan & Co LLC grew its position in Vanguard Long-Term Treasury Index ETF by 4.0% during the 4th quarter. Hirtle Callaghan & Co LLC now owns 23,300 shares of the company’s stock worth $1,290,000 after acquiring an additional 901 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Company Profile

Vanguard Long Term Government Bond ETF (the Fund) seeks to track the performance of a market-weighted government bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.