Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sees Significant Decline in Short Interest

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) was the target of a significant decline in short interest in the month of May. As of May 29th, there was short interest totaling 113,126 shares, a decline of 61.1% from the May 14th total of 290,742 shares. Based on an average daily volume of 1,762,222 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the shares of the company are sold short.

Vanguard Intermediate-Term Bond ETF Stock Performance

NYSEARCA:BIV traded down $0.10 during mid-day trading on Friday, hitting $76.48. 1,646,901 shares of the company traded hands, compared to its average volume of 2,059,566. The stock’s fifty day moving average price is $76.79 and its 200-day moving average price is $77.53. Vanguard Intermediate-Term Bond ETF has a one year low of $75.63 and a one year high of $79.08.

Hedge Funds Weigh In On Vanguard Intermediate-Term Bond ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Wells Fargo & Company MN boosted its stake in Vanguard Intermediate-Term Bond ETF by 5.1% during the fourth quarter. Wells Fargo & Company MN now owns 25,526,720 shares of the company’s stock valued at $1,988,021,000 after buying an additional 1,249,895 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its stake in Vanguard Intermediate-Term Bond ETF by 13.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 11,227,638 shares of the company’s stock valued at $874,408,000 after buying an additional 1,315,707 shares during the last quarter. EP Wealth Advisors LLC bought a new position in Vanguard Intermediate-Term Bond ETF during the fourth quarter valued at approximately $672,555,000. Morgan Stanley boosted its stake in Vanguard Intermediate-Term Bond ETF by 11.8% during the fourth quarter. Morgan Stanley now owns 7,471,592 shares of the company’s stock valued at $581,888,000 after buying an additional 790,288 shares during the last quarter. Finally, Bank of America Corp DE raised its position in Vanguard Intermediate-Term Bond ETF by 8.1% during the first quarter. Bank of America Corp DE now owns 7,183,505 shares of the company’s stock valued at $554,423,000 after purchasing an additional 541,131 shares during the period.

About Vanguard Intermediate-Term Bond ETF

Vanguard Intermediate-Term Bond ETF (the Fund) seeks to track the performance of a market-weighted bond index with an intermediate-term, dollar-weighted average maturity. The Fund employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S. 5-10 Year Government/Credit Bond Index (the Index). The Index includes all medium and larger issues of the United States Government, investment-grade corporate, and investment-grade international dollar-denominated bonds that have maturities between 5 and 10 years and are publicly issued.