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

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) was the target of a significant decrease in short interest in August. As of August 31st, there was short interest totalling 5,590,000 shares, a decrease of 28.0% from the August 15th total of 7,760,000 shares. Based on an average daily volume of 2,206,800 shares, the short-interest ratio is presently 2.5 days.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Prudential PLC boosted its position in shares of Vanguard Long-Term Corporate Bond ETF by 139.6% during the second quarter. Prudential PLC now owns 35,808,945 shares of the exchange traded fund’s stock worth $2,716,467,000 after buying an additional 20,861,365 shares during the period. Johns Hopkins University grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 1.0% during the second quarter. Johns Hopkins University now owns 5,290,374 shares of the exchange traded fund’s stock worth $401,328,000 after buying an additional 53,555 shares in the last quarter. 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. Angeles Investment Advisors LLC raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 37.9% in the 2nd quarter. Angeles Investment Advisors LLC now owns 1,012,000 shares of the exchange traded fund’s stock valued at $76,770,000 after purchasing an additional 278,000 shares in the last quarter. Finally, UBS Group AG raised its stake in Vanguard Long-Term Corporate Bond ETF by 67.4% in the fourth quarter. UBS Group AG now owns 844,572 shares of the exchange traded fund’s stock valued at $67,692,000 after buying an additional 339,978 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ VCLT opened at $81.60 on Friday. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $67.47 and a fifty-two week high of $81.78. The stock’s fifty day moving average is $78.82 and its two-hundred day moving average is $77.19.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

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

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.