Short Interest in Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Declines By 68.9%

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw a large decline in short interest in the month of January. As of January 15th, there was short interest totalling 10,000 shares, a decline of 68.9% from the December 31st total of 32,200 shares. Based on an average daily trading volume, of 55,400 shares, the days-to-cover ratio is currently 0.2 days.

Vanguard Total Corporate Bond Fund Stock Down 0.0 %

Shares of NASDAQ:VTC traded down $0.02 during trading on Wednesday, reaching $76.23. 3,069 shares of the stock were exchanged, compared to its average volume of 54,350. Vanguard Total Corporate Bond Fund has a 12-month low of $73.95 and a 12-month high of $79.92. The firm’s 50-day moving average price is $76.32 and its 200 day moving average price is $77.33.

Vanguard Total Corporate Bond Fund Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.3097 dividend. The ex-dividend date of this dividend was Tuesday, December 24th. This is an increase from Vanguard Total Corporate Bond Fund’s previous dividend of $0.26.

Institutional Investors Weigh In On Vanguard Total Corporate Bond Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VTC. Truist Financial Corp raised its position in shares of Vanguard Total Corporate Bond Fund by 98.9% during the 2nd quarter. Truist Financial Corp now owns 17,201 shares of the company’s stock valued at $1,302,000 after acquiring an additional 8,552 shares in the last quarter. Cetera Investment Advisers increased its position in Vanguard Total Corporate Bond Fund by 0.9% in the 2nd quarter. Cetera Investment Advisers now owns 88,619 shares of the company’s stock valued at $6,709,000 after acquiring an additional 775 shares during the period. Sanctuary Advisors LLC acquired a new position in Vanguard Total Corporate Bond Fund during the 2nd quarter worth $3,538,000. Wedmont Private Capital grew its stake in shares of 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 worth $63,208,000 after purchasing an additional 80,688 shares in the last quarter. Finally, Bfsg LLC increased its holdings in shares of Vanguard Total Corporate Bond Fund by 1.1% during the third quarter. Bfsg LLC now owns 26,965 shares of the company’s stock valued at $2,138,000 after purchasing an additional 295 shares during the period.

Vanguard Total Corporate Bond Fund Company Profile

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.