Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Large Increase in Short Interest

Vanguard Total Corporate Bond Fund (NASDAQ:VTCGet Free Report) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 41,200 shares, a growth of 635.7% from the March 15th total of 5,600 shares. Based on an average daily trading volume, of 78,500 shares, the short-interest ratio is presently 0.5 days. Currently, 0.3% of the shares of the company are sold short.

Institutional Investors Weigh In On Vanguard Total Corporate Bond Fund

Several hedge funds and other institutional investors have recently modified their holdings of VTC. NBC Securities Inc. bought a new position in Vanguard Total Corporate Bond Fund in the 1st quarter valued at $36,000. EverSource Wealth Advisors LLC purchased a new position in shares of Vanguard Total Corporate Bond Fund during the 4th quarter valued at about $83,000. Bank of Montreal Can purchased a new stake in Vanguard Total Corporate Bond Fund in the fourth quarter worth approximately $104,000. Vermillion Wealth Management Inc. bought a new stake in shares of Vanguard Total Corporate Bond Fund in the 4th quarter worth approximately $132,000. Finally, Trust Co. of Vermont bought a new position in shares of Vanguard Total Corporate Bond Fund during the fourth quarter valued at about $159,000.

Vanguard Total Corporate Bond Fund Stock Performance

NASDAQ:VTC opened at $75.12 on Tuesday. Vanguard Total Corporate Bond Fund has a 1 year low of $73.79 and a 1 year high of $79.92. The stock’s fifty day moving average price is $76.36 and its two-hundred day moving average price is $76.64.

Vanguard Total Corporate Bond Fund Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were paid a $0.2797 dividend. The ex-dividend date of this dividend was Tuesday, April 1st. This represents a $3.36 annualized dividend and a yield of 4.47%.

Vanguard Total Corporate Bond Fund Company Profile

(Get Free Report)

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.

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