Short Interest in Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Drops By 55.9%

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) saw a significant drop in short interest during the month of September. As of September 30th, there was short interest totalling 267,100 shares, a drop of 55.9% from the September 15th total of 605,400 shares. Based on an average daily trading volume, of 2,347,700 shares, the days-to-cover ratio is presently 0.1 days.

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

A number of large investors have recently made changes to their positions in VGLT. GenWealth Group Inc. lifted its position in Vanguard Long-Term Treasury Index ETF by 1.6% during the 3rd quarter. GenWealth Group Inc. now owns 128,780 shares of the company’s stock worth $7,925,000 after acquiring an additional 2,089 shares during the period. Creative Planning raised its position in Vanguard Long-Term Treasury Index ETF by 41.2% during the 3rd quarter. Creative Planning now owns 11,907 shares of the company’s stock worth $733,000 after buying an additional 3,472 shares during the last quarter. Empirical Asset Management LLC raised its position in Vanguard Long-Term Treasury Index ETF by 45.0% during the 3rd quarter. Empirical Asset Management LLC now owns 22,478 shares of the company’s stock worth $1,383,000 after buying an additional 6,978 shares during the last quarter. ORG Wealth Partners LLC acquired a new stake in Vanguard Long-Term Treasury Index ETF during the 3rd quarter valued at approximately $128,000. Finally, Compagnie Lombard Odier SCmA boosted its holdings in shares of Vanguard Long-Term Treasury Index ETF by 64.7% in the 3rd quarter. Compagnie Lombard Odier SCmA now owns 27,575 shares of the company’s stock valued at $1,697,000 after acquiring an additional 10,837 shares during the last quarter.

Vanguard Long-Term Treasury Index ETF Price Performance

Shares of VGLT stock traded down $0.16 during trading hours on Friday, reaching $59.00. 6,016,807 shares of the company’s stock were exchanged, compared to its average volume of 2,296,779. Vanguard Long-Term Treasury Index ETF has a 1 year low of $51.90 and a 1 year high of $63.41. The stock’s fifty day moving average price is $61.29 and its two-hundred day moving average price is $58.91.

Vanguard Long-Term Treasury Index ETF Increases Dividend

The business also recently declared a dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were paid a dividend of $0.2041 per share. This is a positive change from Vanguard Long-Term Treasury Index ETF’s previous dividend of $0.20. The ex-dividend date was Tuesday, September 3rd.

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.