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

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

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

A number of institutional investors have recently modified their holdings of VGLT. Walkner Condon Financial Advisors LLC increased its position in Vanguard Long-Term Treasury Index ETF by 72.0% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 25,173 shares of the company’s stock worth $1,549,000 after buying an additional 10,538 shares during the period. Stifel Financial Corp raised its position in shares of Vanguard Long-Term Treasury Index ETF by 15.9% during the third quarter. Stifel Financial Corp now owns 64,939 shares of the company’s stock valued at $3,996,000 after buying an additional 8,911 shares during the last quarter. Creative Planning lifted its stake in shares of Vanguard Long-Term Treasury Index ETF by 6.6% in the second quarter. Creative Planning now owns 8,435 shares of the company’s stock valued at $487,000 after buying an additional 523 shares during the period. Harvest Portfolios Group Inc. grew its position in Vanguard Long-Term Treasury Index ETF by 30.6% during the third quarter. Harvest Portfolios Group Inc. now owns 968,913 shares of the company’s stock worth $59,627,000 after buying an additional 226,976 shares in the last quarter. Finally, Compagnie Lombard Odier SCmA increased its position in shares of Vanguard Long-Term Treasury Index ETF by 64.7% during the third quarter. Compagnie Lombard Odier SCmA now owns 27,575 shares of the company’s stock valued at $1,697,000 after purchasing an additional 10,837 shares during the period.

Vanguard Long-Term Treasury Index ETF Trading Up 0.4 %

Shares of NASDAQ VGLT traded up $0.22 during mid-day trading on Thursday, reaching $55.92. The company had a trading volume of 1,604,648 shares, compared to its average volume of 2,373,913. The stock’s 50 day moving average is $56.34 and its 200-day moving average is $58.64. Vanguard Long-Term Treasury Index ETF has a twelve month low of $53.79 and a twelve month high of $63.41.

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 issued a dividend of $0.2075 per share. 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.