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

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) was the target of a significant increase in short interest in the month of October. As of October 15th, there was short interest totalling 7,170,000 shares, an increase of 20.9% from the September 30th total of 5,930,000 shares. Based on an average daily volume of 2,614,700 shares, the days-to-cover ratio is presently 2.7 days.

Vanguard Long-Term Corporate Bond ETF Stock Performance

Shares of VCLT stock opened at $77.56 on Wednesday. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $68.10 and a fifty-two week high of $82.63. The company has a 50 day moving average price of $80.16 and a 200 day moving average price of $77.79.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a $0.3255 dividend. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.32. The ex-dividend date was Tuesday, September 3rd.

Institutional Trading of Vanguard Long-Term Corporate Bond ETF

Hedge funds have recently modified their holdings of the stock. GAMMA Investing LLC increased its holdings in Vanguard Long-Term Corporate Bond ETF by 8,116.7% during the 3rd quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock worth $40,000 after purchasing an additional 487 shares during the period. SouthState Corp acquired a new stake in Vanguard Long-Term Corporate Bond ETF in the second quarter valued at approximately $37,000. Mirae Asset Global Investments Co. Ltd. lifted its stake in Vanguard Long-Term Corporate Bond ETF by 8.4% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 246,693 shares of the exchange traded fund’s stock worth $19,299,000 after acquiring an additional 19,216 shares during the last quarter. Osaic Holdings Inc. grew its holdings in Vanguard Long-Term Corporate Bond ETF by 57.9% during the 1st quarter. Osaic Holdings Inc. now owns 421,566 shares of the exchange traded fund’s stock worth $32,978,000 after acquiring an additional 154,517 shares in the last quarter. Finally, Vanguard Group Inc. grew its holdings in Vanguard Long-Term Corporate Bond ETF by 7.8% during the 1st quarter. Vanguard Group Inc. now owns 4,175,772 shares of the exchange traded fund’s stock worth $326,671,000 after acquiring an additional 302,950 shares in the last quarter.

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.