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

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) was the target of a significant drop in short interest in 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 trading volume of 2,365,300 shares, the days-to-cover ratio is presently 1.1 days.

Hedge Funds Weigh In On Vanguard Long-Term Corporate Bond ETF

A number of hedge funds have recently added to or reduced their stakes in VCLT. NBC Securities Inc. lifted its position in Vanguard Long-Term Corporate Bond ETF by 3.7% during the third quarter. NBC Securities Inc. now owns 4,950 shares of the exchange traded fund’s stock worth $402,000 after purchasing an additional 177 shares during the period. PSI Advisors LLC boosted its stake in Vanguard Long-Term Corporate Bond ETF by 71.4% in the third quarter. PSI Advisors LLC now owns 437 shares of the exchange traded fund’s stock valued at $36,000 after buying an additional 182 shares in the last quarter. Aptus Capital Advisors LLC raised its stake in Vanguard Long-Term Corporate Bond ETF by 73.5% during the second quarter. Aptus Capital Advisors LLC now owns 484 shares of the exchange traded fund’s stock worth $37,000 after acquiring an additional 205 shares in the last quarter. 4Thought Financial Group Inc. lifted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 0.5% in the third quarter. 4Thought Financial Group Inc. now owns 45,414 shares of the exchange traded fund’s stock worth $3,689,000 after acquiring an additional 214 shares during the last quarter. Finally, Thrivent Financial for Lutherans grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 1.3% during the 2nd quarter. Thrivent Financial for Lutherans now owns 17,404 shares of the exchange traded fund’s stock valued at $1,320,000 after purchasing an additional 217 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Trading Down 1.0 %

Shares of Vanguard Long-Term Corporate Bond ETF stock opened at $77.48 on Friday. Vanguard Long-Term Corporate Bond ETF has a twelve month low of $73.21 and a twelve month high of $82.63. The company has a 50-day simple moving average of $78.08 and a two-hundred day simple moving average of $78.34.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, November 5th. Investors of record on Friday, November 1st were paid a $0.3375 dividend. This is a boost from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.33. The ex-dividend date of this dividend was Friday, November 1st.

About Vanguard Long-Term Corporate Bond ETF

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.