Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Increases By 484.1%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the target of a significant growth in short interest in October. As of October 15th, there was short interest totalling 1,560,000 shares, a growth of 484.1% from the September 30th total of 267,100 shares. Based on an average daily trading volume, of 2,546,600 shares, the days-to-cover ratio is presently 0.6 days.

Vanguard Long-Term Treasury Index ETF Price Performance

NASDAQ:VGLT opened at $58.04 on Friday. Vanguard Long-Term Treasury Index ETF has a 1-year low of $52.38 and a 1-year high of $63.41. The business’s fifty day moving average price is $60.89 and its 200 day moving average price is $58.94.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were given a dividend of $0.2041 per share. The ex-dividend date of this dividend was Tuesday, September 3rd. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20.

Hedge Funds Weigh In On Vanguard Long-Term Treasury Index ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Asset Dedication LLC acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 2nd quarter valued at $32,000. Carmichael Hill & Associates Inc. lifted its position in shares of Vanguard Long-Term Treasury Index ETF by 527.8% in the second quarter. Carmichael Hill & Associates Inc. now owns 565 shares of the company’s stock worth $33,000 after buying an additional 475 shares during the last quarter. First Horizon Advisors Inc. boosted its stake in shares of Vanguard Long-Term Treasury Index ETF by 381.8% during the 2nd quarter. First Horizon Advisors Inc. now owns 583 shares of the company’s stock worth $34,000 after acquiring an additional 462 shares in the last quarter. Sachetta LLC increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 882.8% during the 2nd quarter. Sachetta LLC now owns 629 shares of the company’s stock valued at $37,000 after acquiring an additional 565 shares during the last quarter. Finally, Central Pacific Bank Trust Division bought a new position in shares of Vanguard Long-Term Treasury Index ETF in the 1st quarter valued at approximately $38,000.

About Vanguard Long-Term Treasury Index ETF

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.