Vanguard Total International Bond ETF (NASDAQ:BNDX) Sees Large Drop in Short Interest

Vanguard Total International Bond ETF (NASDAQ:BNDX) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 1,040,000 shares, a decline of 46.9% from the February 28th total of 1,960,000 shares. Approximately 0.1% of the company’s shares are sold short. Based on an average daily trading volume, of 3,688,900 shares, the short-interest ratio is presently 0.3 days.

Vanguard Total International Bond ETF Price Performance

Shares of Vanguard Total International Bond ETF stock traded up $0.17 during trading hours on Friday, hitting $48.82. The company’s stock had a trading volume of 2,409,756 shares, compared to its average volume of 3,531,569. Vanguard Total International Bond ETF has a 1-year low of $48.19 and a 1-year high of $50.70. The business has a fifty day moving average of $48.94 and a 200 day moving average of $49.55.

Vanguard Total International Bond ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd were paid a dividend of $0.095 per share. The ex-dividend date of this dividend was Monday, March 3rd.

Institutional Trading of Vanguard Total International Bond ETF

Hedge funds and other institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its holdings in shares of Vanguard Total International Bond ETF by 4.7% during the fourth quarter. JPMorgan Chase & Co. now owns 232,381,362 shares of the company’s stock worth $11,398,306,000 after purchasing an additional 10,346,895 shares during the period. Bank of America Corp DE boosted its stake in Vanguard Total International Bond ETF by 7.1% during the fourth quarter. Bank of America Corp DE now owns 118,698,651 shares of the company’s stock valued at $5,822,169,000 after buying an additional 7,868,515 shares in the last quarter. Envestnet Asset Management Inc. boosted its holdings in Vanguard Total International Bond ETF by 3.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 60,174,949 shares of the company’s stock worth $2,951,581,000 after buying an additional 2,044,099 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Vanguard Total International Bond ETF by 13.1% in the 4th quarter. Vanguard Group Inc. now owns 59,863,864 shares of the company’s stock worth $2,936,322,000 after acquiring an additional 6,911,474 shares during the last quarter. Finally, Sagespring Wealth Partners LLC acquired a new stake in Vanguard Total International Bond ETF during the 4th quarter worth about $1,353,829,000.

About Vanguard Total International Bond ETF

The Vanguard Total International Bond ETF (BNDX) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an investment-grade, non-USD denominated bond index, hedged against currency fluctuations for US investors. BNDX was launched on Jun 4, 2013 and is managed by Vanguard.