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

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

Institutional Trading of Vanguard Total Corporate Bond Fund

Several hedge funds have recently made changes to their positions in VTC. EverSource Wealth Advisors LLC bought a new position in shares of Vanguard Total Corporate Bond Fund in the fourth quarter worth $83,000. Bank of Montreal Can acquired a new stake in Vanguard Total Corporate Bond Fund in the 4th quarter valued at about $104,000. Vermillion Wealth Management Inc. bought a new position in shares of Vanguard Total Corporate Bond Fund during the 4th quarter valued at about $132,000. Trust Co. of Vermont acquired a new position in shares of Vanguard Total Corporate Bond Fund in the 4th quarter worth approximately $159,000. Finally, Canvas Wealth Advisors LLC bought a new stake in shares of Vanguard Total Corporate Bond Fund in the 4th quarter worth approximately $212,000.

Vanguard Total Corporate Bond Fund Trading Down 0.3 %

Shares of NASDAQ VTC opened at $76.35 on Thursday. Vanguard Total Corporate Bond Fund has a twelve month low of $73.95 and a twelve month high of $79.92. The business has a 50 day simple moving average of $76.39 and a 200-day simple moving average of $77.01.

Vanguard Total Corporate Bond Fund Cuts Dividend

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