Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Short Interest Up 99.1% in December

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the recipient of a significant increase in short interest in the month of December. As of December 31st, there was short interest totalling 1,750,000 shares, an increase of 99.1% from the December 15th total of 878,800 shares. Based on an average daily volume of 3,735,800 shares, the short-interest ratio is presently 0.5 days.

Vanguard Long-Term Treasury Index ETF Stock Performance

Shares of NASDAQ:VGLT opened at $54.88 on Thursday. Vanguard Long-Term Treasury Index ETF has a 52 week low of $53.79 and a 52 week high of $63.41. The company has a 50-day moving average price of $56.70 and a 200 day moving average price of $58.81.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, December 24th were given a $0.2075 dividend. The ex-dividend date was Tuesday, December 24th.

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

A number of hedge funds have recently added to or reduced their stakes in VGLT. Cassaday & Co Wealth Management LLC increased its holdings in Vanguard Long-Term Treasury Index ETF by 91.7% in the third quarter. Cassaday & Co Wealth Management LLC now owns 3,836,692 shares of the company’s stock valued at $236,110,000 after buying an additional 1,835,116 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in Vanguard Long-Term Treasury Index ETF by 9.5% in the second quarter. Ameriprise Financial Inc. now owns 11,922,162 shares of the company’s stock valued at $682,476,000 after buying an additional 1,033,360 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. increased its holdings in Vanguard Long-Term Treasury Index ETF by 49.6% in the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 2,192,158 shares of the company’s stock valued at $123,763,000 after buying an additional 727,075 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in Vanguard Long-Term Treasury Index ETF by 10.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,514,698 shares of the company’s stock valued at $400,914,000 after buying an additional 637,415 shares in the last quarter. Finally, Assetmark Inc. increased its holdings in Vanguard Long-Term Treasury Index ETF by 230.0% in the third quarter. Assetmark Inc. now owns 913,114 shares of the company’s stock valued at $56,193,000 after buying an additional 636,405 shares in the last quarter.

About Vanguard Long-Term Treasury Index ETF

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.