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

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) was the recipient of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 24,700 shares, an increase of 233.8% from the November 15th total of 7,400 shares. Based on an average daily volume of 47,900 shares, the short-interest ratio is presently 0.5 days.

Vanguard Total Corporate Bond Fund Stock Down 0.1 %

NASDAQ:VTC traded down $0.07 during midday trading on Wednesday, hitting $77.55. The company had a trading volume of 24,280 shares, compared to its average volume of 44,788. The stock’s fifty day moving average price is $77.44 and its 200-day moving average price is $77.36. Vanguard Total Corporate Bond Fund has a 52-week low of $73.95 and a 52-week high of $79.92.

Vanguard Total Corporate Bond Fund Increases Dividend

The firm also recently declared a monthly dividend, which was paid on Tuesday, November 5th. Shareholders of record on Friday, November 1st were paid a dividend of $0.30 per share. The ex-dividend date of this dividend was Friday, November 1st. This is an increase from Vanguard Total Corporate Bond Fund’s previous monthly dividend of $0.28. This represents a $3.60 annualized dividend and a dividend yield of 4.64%.

Institutional Trading of Vanguard Total Corporate Bond Fund

Several hedge funds and other institutional investors have recently bought and sold shares of VTC. Drucker Wealth 3.0 LLC purchased a new stake in shares of Vanguard Total Corporate Bond Fund during the second quarter worth about $11,083,000. Wedmont Private Capital raised its position in Vanguard Total Corporate Bond Fund by 11.1% during the 3rd quarter. Wedmont Private Capital now owns 809,524 shares of the company’s stock valued at $63,208,000 after purchasing an additional 80,688 shares during the last quarter. Raine Group LLC purchased a new position in shares of Vanguard Total Corporate Bond Fund during the third quarter valued at approximately $4,901,000. Sanctuary Advisors LLC bought a new stake in Vanguard Total Corporate Bond Fund in the second quarter valued at $3,538,000. Finally, Mill Creek Capital Advisors LLC raised its holdings in Vanguard Total Corporate Bond Fund by 2.1% in the 2nd quarter. Mill Creek Capital Advisors LLC now owns 905,831 shares of the company’s stock worth $68,571,000 after purchasing an additional 18,806 shares in the last quarter.

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.