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

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) was the recipient of a large drop in short interest during the month of February. As of February 28th, there was short interest totalling 14,100 shares, a drop of 16.6% from the February 13th total of 16,900 shares. Based on an average daily volume of 72,000 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company’s shares are sold short.

Vanguard Total Corporate Bond Fund Price Performance

Shares of VTC opened at $76.93 on Thursday. Vanguard Total Corporate Bond Fund has a 52-week low of $73.95 and a 52-week high of $79.92. The business’s 50 day moving average price is $76.23 and its two-hundred day moving average price is $77.08.

Vanguard Total Corporate Bond Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were given a $0.2748 dividend. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

Several institutional investors have recently added to or reduced their stakes in VTC. Vermillion Wealth Management Inc. bought a new position in Vanguard Total Corporate Bond Fund during the fourth quarter worth about $132,000. Nepc LLC increased its holdings in shares of Vanguard Total Corporate Bond Fund by 35.5% in the fourth quarter. Nepc LLC now owns 2,455,525 shares of the company’s stock worth $185,908,000 after purchasing an additional 642,813 shares during the period. Note Advisors LLC bought a new position in Vanguard Total Corporate Bond Fund in the 4th quarter worth about $705,000. Raine Group LLC raised its stake in Vanguard Total Corporate Bond Fund by 1.6% in the fourth quarter. Raine Group LLC now owns 62,795 shares of the company’s stock valued at $4,754,000 after purchasing an additional 995 shares in the last quarter. Finally, Bank of America Corp DE raised its position in shares of Vanguard Total Corporate Bond Fund by 1.4% during the 4th quarter. Bank of America Corp DE now owns 440,977 shares of the company’s stock valued at $33,386,000 after buying an additional 6,285 shares in the last quarter.

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.