Short Interest in Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Grows By 240.0%

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw a large growth in short interest during the month of September. As of September 15th, there was short interest totalling 20,400 shares, a growth of 240.0% from the August 31st total of 6,000 shares. Based on an average trading volume of 47,900 shares, the short-interest ratio is presently 0.4 days.

Institutional Trading of Vanguard Total Corporate Bond Fund

Large investors have recently made changes to their positions in the company. Sensible Financial Planning & Management LLC. increased its position in shares of Vanguard Total Corporate Bond Fund by 30.9% in the 1st quarter. Sensible Financial Planning & Management LLC. now owns 127,200 shares of the company’s stock valued at $9,746,000 after buying an additional 30,050 shares in the last quarter. Richardson Financial Services Inc. bought a new position in Vanguard Total Corporate Bond Fund during the 1st quarter worth about $114,000. BNP Paribas bought a new position in Vanguard Total Corporate Bond Fund during the 1st quarter worth about $643,000. Redmont Wealth Advisors LLC bought a new position in Vanguard Total Corporate Bond Fund during the 1st quarter worth about $57,000. Finally, Capital Asset Advisory Services LLC increased its holdings in Vanguard Total Corporate Bond Fund by 3.0% during the 1st quarter. Capital Asset Advisory Services LLC now owns 692,307 shares of the company’s stock worth $52,318,000 after purchasing an additional 20,253 shares in the last quarter.

Vanguard Total Corporate Bond Fund Trading Up 0.1 %

Shares of Vanguard Total Corporate Bond Fund stock opened at $79.56 on Wednesday. The firm has a fifty day moving average of $78.09 and a two-hundred day moving average of $76.52. Vanguard Total Corporate Bond Fund has a 52 week low of $70.30 and a 52 week high of $79.92.

Vanguard Total Corporate Bond Fund Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a dividend of $0.293 per share. This is a boost from Vanguard Total Corporate Bond Fund’s previous monthly dividend of $0.28. The ex-dividend date of this dividend was Tuesday, September 3rd. This represents a $3.52 annualized dividend and a dividend yield of 4.42%.

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.