Vanguard Long-Term Bond ETF (NYSEARCA:BLV) Sees Large Drop in Short Interest

Vanguard Long-Term Bond ETF (NYSEARCA:BLV) was the target of a large decrease in short interest in August. As of August 31st, there was short interest totaling 46,639 shares, a decrease of 42.7% from the August 15th total of 81,364 shares. Based on an average daily volume of 491,791 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are short sold.

Vanguard Long-Term Bond ETF Stock Performance

BLV stock traded up $0.13 during mid-day trading on Wednesday, hitting $64.92. 892,857 shares of the company were exchanged, compared to its average volume of 800,075. Vanguard Long-Term Bond ETF has a 1-year low of $64.58 and a 1-year high of $72.63. The firm’s 50 day simple moving average is $66.23 and its 200 day simple moving average is $67.85.

Hedge Funds Weigh In On Vanguard Long-Term Bond ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BLV. Jim Saulnier & Associates LLC raised its holdings in Vanguard Long-Term Bond ETF by 2.8% during the first quarter. Jim Saulnier & Associates LLC now owns 6,222 shares of the company’s stock worth $428,000 after buying an additional 172 shares during the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of Vanguard Long-Term Bond ETF by 3.8% during the first quarter. Cornerstone Planning Group LLC now owns 4,751 shares of the company’s stock valued at $324,000 after buying an additional 172 shares during the last quarter. Allworth Financial LP increased its position in shares of Vanguard Long-Term Bond ETF by 7.7% during the fourth quarter. Allworth Financial LP now owns 2,547 shares of the company’s stock worth $177,000 after acquiring an additional 182 shares in the last quarter. Security Financial Services INC. increased its position in shares of Vanguard Long-Term Bond ETF by 1.9% during the first quarter. Security Financial Services INC. now owns 10,503 shares of the company’s stock worth $722,000 after acquiring an additional 192 shares in the last quarter. Finally, GC Wealth Management RIA LLC raised its holdings in shares of Vanguard Long-Term Bond ETF by 2.9% in the 1st quarter. GC Wealth Management RIA LLC now owns 7,142 shares of the company’s stock worth $491,000 after acquiring an additional 201 shares during the last quarter.

Vanguard Long-Term Bond ETF Company Profile

Vanguard Bond Index Funds (the Fund), formerly Vanguard Long-Term Bond ETF, seeks to track the performance of a market-weighted bond index with a long-term, dollar-weighted average maturity. It employs a passive management or indexing strategy designed to track the performance of the Barclays Capital U.S.Long 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 of greater than 10 years and are publicly issued.