Vanguard Total Bond Market ETF (NASDAQ:BND) Sees Significant Growth in Short Interest

Vanguard Total Bond Market ETF (NASDAQ:BND) was the recipient of a large growth in short interest in November. As of November 15th, there was short interest totalling 2,130,000 shares, a growth of 29.1% from the October 31st total of 1,650,000 shares. Based on an average trading volume of 6,258,300 shares, the days-to-cover ratio is currently 0.3 days.

Institutional Trading of Vanguard Total Bond Market ETF

Several institutional investors have recently added to or reduced their stakes in BND. O Shaughnessy Asset Management LLC acquired a new position in shares of Vanguard Total Bond Market ETF during the first quarter valued at $198,000. Boston Partners grew its position in Vanguard Total Bond Market ETF by 5.7% in the 1st quarter. Boston Partners now owns 552,973 shares of the company’s stock valued at $40,162,000 after buying an additional 29,687 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Vanguard Total Bond Market ETF by 11.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 10,891 shares of the company’s stock valued at $770,000 after buying an additional 1,078 shares in the last quarter. First Hawaiian Bank bought a new position in Vanguard Total Bond Market ETF in the 2nd quarter valued at about $228,000. Finally, Global Wealth Strategies & Associates grew its position in Vanguard Total Bond Market ETF by 4.1% in the 2nd quarter. Global Wealth Strategies & Associates now owns 304,996 shares of the company’s stock valued at $21,975,000 after buying an additional 11,997 shares in the last quarter.

Vanguard Total Bond Market ETF Stock Performance

NASDAQ:BND traded up $0.27 during mid-day trading on Friday, hitting $73.60. 3,870,808 shares of the company’s stock traded hands, compared to its average volume of 6,571,780. The firm’s 50 day simple moving average is $73.54 and its 200 day simple moving average is $73.33. Vanguard Total Bond Market ETF has a 1 year low of $70.37 and a 1 year high of $75.67.

Vanguard Total Bond Market ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.2276 per share. This is a positive change from Vanguard Total Bond Market ETF’s previous monthly dividend of $0.22. The ex-dividend date was Friday, November 1st. This represents a $2.73 annualized dividend and a yield of 3.71%.

Vanguard Total Bond Market ETF Company Profile

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.