Short Interest in Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Declines By 60.3%

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) was the target of a significant decline in short interest in the month of March. As of March 15th, there was short interest totalling 5,600 shares, a decline of 60.3% from the February 28th total of 14,100 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average trading volume of 74,500 shares, the days-to-cover ratio is presently 0.1 days.

Vanguard Total Corporate Bond Fund Price Performance

NASDAQ:VTC opened at $76.35 on Thursday. The business’s fifty day moving average price is $76.39 and its 200 day moving average price is $77.01. Vanguard Total Corporate Bond Fund has a 1-year low of $73.95 and a 1-year high of $79.92.

Vanguard Total Corporate Bond Fund Cuts Dividend

The business also recently announced a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were paid a dividend of $0.2748 per share. The ex-dividend date was Monday, March 3rd.

Institutional Trading of Vanguard Total Corporate Bond Fund

Several hedge funds and other institutional investors have recently modified their holdings of VTC. Nepc LLC increased its position in Vanguard Total Corporate Bond Fund by 35.5% in the 4th 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 last quarter. Wedmont Private Capital grew its position in Vanguard Total Corporate Bond Fund by 13.6% in the fourth quarter. Wedmont Private Capital now owns 919,993 shares of the company’s stock worth $68,917,000 after acquiring an additional 110,469 shares in the last quarter. Mill Creek Capital Advisors LLC raised its holdings in shares of Vanguard Total Corporate Bond Fund by 0.4% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 916,624 shares of the company’s stock valued at $69,398,000 after purchasing an additional 3,949 shares in the last quarter. Capital Asset Advisory Services LLC boosted its holdings in Vanguard Total Corporate Bond Fund by 1.0% in the fourth quarter. Capital Asset Advisory Services LLC now owns 722,809 shares of the company’s stock worth $54,644,000 after purchasing an additional 6,982 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its position in Vanguard Total Corporate Bond Fund by 1.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 718,891 shares of the company’s stock worth $54,427,000 after buying an additional 7,197 shares during 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.