Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Large Increase in Short Interest

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) was the target of a significant growth in short interest in the month of March. As of March 31st, there was short interest totalling 7,310,000 shares, a growth of 28.9% from the March 15th total of 5,670,000 shares. Approximately 4.0% of the company’s shares are sold short. Based on an average daily trading volume, of 2,973,700 shares, the short-interest ratio is presently 2.5 days.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.4 %

VCLT stock opened at $73.51 on Friday. The company has a 50 day moving average price of $75.35 and a two-hundred day moving average price of $76.23. Vanguard Long-Term Corporate Bond ETF has a one year low of $70.61 and a one year high of $82.63.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Investors of record on Tuesday, April 1st were issued a $0.3544 dividend. This represents a $4.25 dividend on an annualized basis and a yield of 5.79%. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date of this dividend was Tuesday, April 1st.

Institutional Trading of Vanguard Long-Term Corporate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in VCLT. Pinney & Scofield Inc. acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at about $44,000. PSI Advisors LLC lifted its position in Vanguard Long-Term Corporate Bond ETF by 37.1% during the fourth quarter. PSI Advisors LLC now owns 599 shares of the exchange traded fund’s stock valued at $45,000 after buying an additional 162 shares in the last quarter. United Community Bank grew its stake in Vanguard Long-Term Corporate Bond ETF by 444.4% during the fourth quarter. United Community Bank now owns 637 shares of the exchange traded fund’s stock worth $48,000 after buying an additional 520 shares during the period. Mainstream Capital Management LLC acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the fourth quarter worth $52,000. Finally, Principal Securities Inc. raised its stake in shares of Vanguard Long-Term Corporate Bond ETF by 28.2% in the 4th quarter. Principal Securities Inc. now owns 1,913 shares of the exchange traded fund’s stock valued at $143,000 after acquiring an additional 421 shares during the period.

Vanguard Long-Term Corporate Bond ETF Company Profile

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