Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Drops By 23.1%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the target of a large drop in short interest during the month of October. As of October 31st, there was short interest totalling 1,200,000 shares, a drop of 23.1% from the October 15th total of 1,560,000 shares. Based on an average daily volume of 2,581,800 shares, the short-interest ratio is currently 0.5 days.

Vanguard Long-Term Treasury Index ETF Stock Performance

NASDAQ VGLT opened at $56.82 on Friday. The firm has a 50-day moving average of $59.74 and a 200-day moving average of $59.09. Vanguard Long-Term Treasury Index ETF has a 52-week low of $54.96 and a 52-week high of $63.41.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were given a $0.2123 dividend. This is an increase from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20. The ex-dividend date of this dividend was Friday, November 1st.

Institutional Trading of Vanguard Long-Term Treasury Index ETF

Institutional investors have recently modified their holdings of the stock. Asset Dedication LLC acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF in the 2nd quarter valued at approximately $32,000. Carmichael Hill & Associates Inc. boosted its position in 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 valued at $33,000 after buying an additional 475 shares in the last quarter. First Horizon Advisors Inc. grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 381.8% during the second quarter. First Horizon Advisors Inc. now owns 583 shares of the company’s stock worth $34,000 after buying an additional 462 shares during the last quarter. Sachetta LLC increased its holdings in shares of Vanguard Long-Term Treasury Index ETF by 882.8% during the second quarter. Sachetta LLC now owns 629 shares of the company’s stock worth $37,000 after buying an additional 565 shares in the last quarter. Finally, Iron Horse Wealth Management LLC lifted its stake in shares of Vanguard Long-Term Treasury Index ETF by 36.4% in the 2nd quarter. Iron Horse Wealth Management LLC now owns 750 shares of the company’s stock valued at $43,000 after acquiring an additional 200 shares during the last quarter.

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.