Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) Sees Large Increase in Short Interest

Vanguard Intermediate-Term Bond ETF (NYSEARCA:BIV) was the recipient of a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 236,371 shares, a growth of 108.9% from the May 31st total of 113,126 shares. Based on an average trading volume of 1,575,325 shares, the short-interest ratio is presently 0.2 days. Currently, 0.1% of the shares of the company are sold short.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Johnson Financial Group Inc. acquired a new stake in Vanguard Intermediate-Term Bond ETF during the first quarter worth $28,000. Kelleher Financial Advisors acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $30,000. Texas Capital Bancshares Inc TX acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 3rd quarter valued at $31,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Vanguard Intermediate-Term Bond ETF in the 4th quarter valued at $31,000. Finally, Darwin Wealth Management LLC bought a new position in shares of Vanguard Intermediate-Term Bond ETF during the 1st quarter worth about $36,000.

Vanguard Intermediate-Term Bond ETF Trading Down 0.2%

Vanguard Intermediate-Term Bond ETF stock traded down $0.18 during trading hours on Tuesday, hitting $76.85. The stock had a trading volume of 394,601 shares, compared to its average volume of 1,983,900. The company has a 50-day moving average of $76.66 and a two-hundred day moving average of $77.40. Vanguard Intermediate-Term Bond ETF has a fifty-two week low of $75.63 and a fifty-two week high of $79.08.

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.