Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Expands By 99.1%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the target of a large growth in short interest in the month of January. As of January 15th, there was short interest totalling 1,750,000 shares, a growth of 99.1% from the December 31st total of 878,800 shares. Based on an average daily volume of 3,735,800 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Vanguard Long-Term Treasury Index ETF

A number of institutional investors have recently modified their holdings of the company. JPMorgan Chase & Co. lifted its position in Vanguard Long-Term Treasury Index ETF by 0.9% during the third quarter. JPMorgan Chase & Co. now owns 44,472,238 shares of the company’s stock valued at $2,736,822,000 after acquiring an additional 410,850 shares during the last quarter. Empower Advisory Group LLC boosted its position in shares of Vanguard Long-Term Treasury Index ETF by 4.3% in the 3rd quarter. Empower Advisory Group LLC now owns 9,694,966 shares of the company’s stock worth $596,628,000 after purchasing an additional 403,531 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Vanguard Long-Term Treasury Index ETF by 10.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,514,698 shares of the company’s stock worth $400,914,000 after purchasing an additional 637,415 shares during the last quarter. Cassaday & Co Wealth Management LLC increased its stake in shares of Vanguard Long-Term Treasury Index ETF by 91.7% in the third quarter. Cassaday & Co Wealth Management LLC now owns 3,836,692 shares of the company’s stock worth $236,110,000 after acquiring an additional 1,835,116 shares during the period. Finally, Annex Advisory Services LLC purchased a new position in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter worth $143,685,000.

Vanguard Long-Term Treasury Index ETF Stock Down 0.1 %

NASDAQ VGLT traded down $0.08 during midday trading on Wednesday, hitting $55.70. 1,655,441 shares of the company traded hands, compared to its average volume of 2,416,647. Vanguard Long-Term Treasury Index ETF has a 52 week low of $53.79 and a 52 week high of $63.41. The company’s 50-day simple moving average is $56.36 and its 200-day simple moving average is $58.66.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were paid a $0.2075 dividend. The ex-dividend date was Tuesday, December 24th.

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.