Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Short Interest Update

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totalling 8,600 shares, a decline of 68.4% from the September 30th total of 27,200 shares. Based on an average trading volume of 48,600 shares, the short-interest ratio is presently 0.2 days.

Vanguard Total Corporate Bond Fund Trading Up 0.2 %

NASDAQ VTC traded up $0.15 on Friday, reaching $77.47. The company had a trading volume of 1,289 shares, compared to its average volume of 43,060. Vanguard Total Corporate Bond Fund has a 52 week low of $70.74 and a 52 week high of $79.92. The stock’s 50 day moving average is $78.64 and its 200-day moving average is $76.85.

Vanguard Total Corporate Bond Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were paid a $0.283 dividend. The ex-dividend date of this dividend was Tuesday, October 1st. This represents a $3.40 dividend on an annualized basis and a dividend yield of 4.38%.

Institutional Investors Weigh In On Vanguard Total Corporate Bond Fund

Hedge funds have recently bought and sold shares of the company. Nepc LLC lifted its holdings in shares of Vanguard Total Corporate Bond Fund by 66.7% during the 1st quarter. Nepc LLC now owns 1,759,073 shares of the company’s stock valued at $134,780,000 after purchasing an additional 703,638 shares in the last quarter. Mill Creek Capital Advisors LLC lifted its stake in Vanguard Total Corporate Bond Fund by 2.1% in the second quarter. Mill Creek Capital Advisors LLC now owns 905,831 shares of the company’s stock valued at $68,571,000 after buying an additional 18,806 shares in the last quarter. Wedmont Private Capital lifted its stake in Vanguard Total Corporate Bond Fund by 11.1% in the third quarter. Wedmont Private Capital now owns 809,524 shares of the company’s stock valued at $63,208,000 after buying an additional 80,688 shares in the last quarter. Axxcess Wealth Management LLC boosted its holdings in shares of Vanguard Total Corporate Bond Fund by 0.8% in the second quarter. Axxcess Wealth Management LLC now owns 694,788 shares of the company’s stock valued at $52,595,000 after buying an additional 5,817 shares during the period. Finally, Drucker Wealth 3.0 LLC bought a new stake in shares of Vanguard Total Corporate Bond Fund during the second quarter worth $11,083,000.

About Vanguard Total Corporate Bond Fund

The Vanguard Total Corporate Bond ETF (VTC) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is a fund-of-funds. It tracks an index designed to provide exposure to investment-grade US corporate bonds with broad maturities. VTC was launched on Nov 7, 2017 and is managed by Vanguard.