Short Interest in Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Drops By 13.8%

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw a significant decline in short interest in the month of February. As of February 15th, there was short interest totalling 16,900 shares, a decline of 13.8% from the January 31st total of 19,600 shares. Based on an average daily volume of 67,400 shares, the days-to-cover ratio is presently 0.3 days.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

Several institutional investors have recently bought and sold shares of the company. Nepc LLC boosted its stake 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 valued at $185,908,000 after purchasing an additional 642,813 shares during the period. Wedmont Private Capital lifted its holdings in Vanguard Total Corporate Bond Fund by 13.6% during the 4th quarter. Wedmont Private Capital now owns 919,993 shares of the company’s stock worth $68,917,000 after buying an additional 110,469 shares in the last quarter. Mill Creek Capital Advisors LLC boosted its position in Vanguard Total Corporate Bond Fund by 0.4% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 916,624 shares of the company’s stock valued at $69,398,000 after buying an additional 3,949 shares during the period. Capital Asset Advisory Services LLC grew its stake in shares of 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 acquiring an additional 6,982 shares in the last quarter. Finally, Axxcess Wealth Management LLC increased its position in shares of 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 acquiring an additional 7,197 shares during the period.

Vanguard Total Corporate Bond Fund Stock Performance

NASDAQ:VTC opened at $76.65 on Friday. Vanguard Total Corporate Bond Fund has a 52 week low of $73.95 and a 52 week high of $79.92. The stock’s fifty day moving average is $76.04 and its two-hundred day moving average is $77.22.

Vanguard Total Corporate Bond Fund Cuts Dividend

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

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.