Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Declines By 43.3%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) saw a large decrease in short interest in March. As of March 15th, there was short interest totalling 423,700 shares, a decrease of 43.3% from the February 29th total of 747,300 shares. Based on an average daily volume of 2,755,000 shares, the short-interest ratio is presently 0.2 days.

Institutional Investors Weigh In On Vanguard Long-Term Treasury Index ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Sandy Spring Bank acquired a new stake in shares of Vanguard Long-Term Treasury Index ETF in the third quarter valued at approximately $31,000. Fifth Third Bancorp bought a new position in shares of Vanguard Long-Term Treasury Index ETF during the fourth quarter worth approximately $31,000. Salem Investment Counselors Inc. bought a new stake in Vanguard Long-Term Treasury Index ETF in the 4th quarter valued at $32,000. Iron Horse Wealth Management LLC boosted its stake in Vanguard Long-Term Treasury Index ETF by 57.1% in the 4th quarter. Iron Horse Wealth Management LLC now owns 550 shares of the company’s stock valued at $34,000 after purchasing an additional 200 shares during the period. Finally, PNC Financial Services Group Inc. bought a new stake in Vanguard Long-Term Treasury Index ETF in the 4th quarter valued at $42,000.

Vanguard Long-Term Treasury Index ETF Price Performance

NASDAQ:VGLT opened at $59.25 on Thursday. Vanguard Long-Term Treasury Index ETF has a 1-year low of $51.90 and a 1-year high of $67.08. The firm has a fifty day simple moving average of $58.87 and a 200 day simple moving average of $57.79.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 6th. Stockholders of record on Monday, March 4th were given a $0.1758 dividend. The ex-dividend date was Friday, March 1st.

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.