Short Interest in Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Decreases By 46.4%

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) was the recipient of a large drop in short interest during the month of November. As of November 30th, there was short interest totalling 2,670,000 shares, a drop of 46.4% from the November 15th total of 4,980,000 shares. Based on an average daily trading volume, of 2,365,300 shares, the short-interest ratio is currently 1.1 days.

Institutional Trading of Vanguard Long-Term Corporate Bond ETF

Several institutional investors and hedge funds have recently made changes to their positions in VCLT. GAMMA Investing LLC grew its stake in Vanguard Long-Term Corporate Bond ETF by 8,116.7% during the 3rd quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock worth $40,000 after buying an additional 487 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 40.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,231 shares of the exchange traded fund’s stock worth $344,000 after acquiring an additional 1,218 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 115.8% in the 3rd quarter. HighTower Advisors LLC now owns 70,354 shares of the exchange traded fund’s stock valued at $5,716,000 after acquiring an additional 37,751 shares during the period. SouthState Corp purchased a new stake in Vanguard Long-Term Corporate Bond ETF in the 2nd quarter valued at $37,000. Finally, Headlands Technologies LLC acquired a new stake in Vanguard Long-Term Corporate Bond ETF during the 2nd quarter worth $152,000.

Vanguard Long-Term Corporate Bond ETF Price Performance

NASDAQ:VCLT traded down $0.64 during midday trading on Friday, hitting $76.84. 3,801,969 shares of the company were exchanged, compared to its average volume of 2,328,867. Vanguard Long-Term Corporate Bond ETF has a fifty-two week low of $73.21 and a fifty-two week high of $82.63. The company has a fifty day simple moving average of $78.08 and a 200 day simple moving average of $78.34.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were issued a dividend of $0.3375 per share. This is a positive change from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33. The ex-dividend date was Friday, November 1st.

Vanguard Long-Term Corporate Bond ETF Company Profile

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S.