Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Grows By 25.6%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the recipient of a significant increase in short interest in the month of February. As of February 28th, there was short interest totalling 1,670,000 shares, an increase of 25.6% from the February 13th total of 1,330,000 shares. Approximately 0.9% of the shares of the company are sold short. Based on an average daily volume of 2,666,800 shares, the days-to-cover ratio is presently 0.6 days.

Vanguard Long-Term Treasury Index ETF Stock Up 0.2 %

VGLT stock opened at $57.38 on Wednesday. The company has a fifty day moving average price of $56.23 and a two-hundred day moving average price of $57.85. Vanguard Long-Term Treasury Index ETF has a one year low of $53.80 and a one year high of $63.41.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

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

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

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VGLT. JPMorgan Chase & Co. lifted its holdings in shares of 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 worth $2,736,822,000 after buying an additional 410,850 shares in the last quarter. Empower Advisory Group LLC lifted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 10.8% during the fourth quarter. Empower Advisory Group LLC now owns 10,738,988 shares of the company’s stock worth $594,403,000 after buying an additional 1,044,022 shares in the last quarter. Nepc LLC lifted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 50.4% during the fourth quarter. Nepc LLC now owns 6,061,870 shares of the company’s stock worth $335,525,000 after buying an additional 2,032,558 shares in the last quarter. Voya Investment Management LLC lifted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 8.2% during the fourth quarter. Voya Investment Management LLC now owns 4,377,634 shares of the company’s stock worth $242,302,000 after buying an additional 332,365 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 91.7% during the third quarter. Cassaday & Co Wealth Management LLC now owns 3,836,692 shares of the company’s stock worth $236,110,000 after buying an additional 1,835,116 shares in 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.