Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) Short Interest Down 43.3% in March

Vanguard Long-Term Treasury Index ETF (NASDAQ:VGLT) was the recipient of a large decrease in short interest during the month of March. As of March 15th, there was short interest totalling 423,700 shares, a decrease of 43.3% from the February 29th total of 747,300 shares. Based on an average daily trading volume, of 2,755,000 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of VGLT. Sandy Spring Bank bought a new position in shares of Vanguard Long-Term Treasury Index ETF in the third quarter worth $31,000. Fifth Third Bancorp bought a new position in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter worth $31,000. Salem Investment Counselors Inc. bought a new position in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter worth $32,000. Iron Horse Wealth Management LLC grew its stake in shares of Vanguard Long-Term Treasury Index ETF by 57.1% in the fourth quarter. Iron Horse Wealth Management LLC now owns 550 shares of the company’s stock worth $34,000 after purchasing an additional 200 shares in the last quarter. Finally, PNC Financial Services Group Inc. bought a new position in shares of Vanguard Long-Term Treasury Index ETF in the fourth quarter worth $42,000.

Vanguard Long-Term Treasury Index ETF Stock Performance

Shares of VGLT opened at $59.25 on Thursday. The stock has a fifty day moving average price of $58.87 and a 200 day moving average price of $57.79. Vanguard Long-Term Treasury Index ETF has a 12 month low of $51.90 and a 12 month high of $67.08.

Vanguard Long-Term Treasury Index ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 6th. Investors of record on Monday, March 4th were paid a dividend of $0.1758 per share. The ex-dividend date of this dividend was Friday, March 1st.

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.