Short Interest in Vanguard Total Bond Market ETF (NASDAQ:BND) Declines By 81.6%

Vanguard Total Bond Market ETF (NASDAQ:BND) was the recipient of a large drop in short interest in the month of January. As of January 31st, there was short interest totalling 708,500 shares, a drop of 81.6% from the January 15th total of 3,850,000 shares. Based on an average daily volume of 6,861,100 shares, the short-interest ratio is currently 0.1 days.

Vanguard Total Bond Market ETF Trading Up 0.5 %

Vanguard Total Bond Market ETF stock traded up $0.38 during mid-day trading on Thursday, hitting $72.25. The stock had a trading volume of 2,013,880 shares, compared to its average volume of 6,722,060. Vanguard Total Bond Market ETF has a one year low of $70.37 and a one year high of $75.67. The firm’s 50 day moving average is $72.20 and its 200 day moving average is $73.34.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were given a dividend of $0.2348 per share. The ex-dividend date of this dividend was Monday, February 3rd. This is a boost from Vanguard Total Bond Market ETF’s previous dividend of $0.23.

Institutional Investors Weigh In On Vanguard Total Bond Market ETF

Institutional investors have recently added to or reduced their stakes in the stock. Essential Planning LLC. raised its holdings in shares of Vanguard Total Bond Market ETF by 6,541.0% in the fourth quarter. Essential Planning LLC. now owns 45,844,512 shares of the company’s stock worth $3,352,920,000 after buying an additional 45,154,186 shares during the period. Wealthfront Advisers LLC raised its stake in Vanguard Total Bond Market ETF by 2,218.3% in the fourth quarter. Wealthfront Advisers LLC now owns 29,325,200 shares of the company’s stock worth $2,108,775,000 after buying an additional 28,060,256 shares in the last quarter. JPMorgan Chase & Co. lifted its holdings in Vanguard Total Bond Market ETF by 11.3% during the fourth quarter. JPMorgan Chase & Co. now owns 99,094,389 shares of the company’s stock worth $7,125,878,000 after buying an additional 10,057,150 shares during the period. Vanguard Group Inc. increased its holdings in shares of Vanguard Total Bond Market ETF by 16.7% in the 4th quarter. Vanguard Group Inc. now owns 58,043,498 shares of the company’s stock valued at $4,173,907,000 after acquiring an additional 8,312,317 shares during the period. Finally, Creative Planning increased its holdings in shares of Vanguard Total Bond Market ETF by 8.6% in the 3rd quarter. Creative Planning now owns 91,686,451 shares of the company’s stock valued at $6,886,569,000 after acquiring an additional 7,248,297 shares during the period.

About Vanguard Total Bond Market ETF

The Vanguard Total Bond Market ETF (BND) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a broad, market-value-weighted index of US dollar-denominated, investment-grade, taxable, fixed-income securities with maturities of at least one year. BND was launched on Apr 3, 2007 and is managed by Vanguard.