Short Interest in Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Declines By 68.9%

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) was the recipient of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 10,000 shares, a decline of 68.9% from the December 15th total of 32,200 shares. Based on an average daily trading volume, of 55,400 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Vanguard Total Corporate Bond Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Drucker Wealth 3.0 LLC purchased a new position in shares of Vanguard Total Corporate Bond Fund during the second quarter valued at about $11,083,000. Wedmont Private Capital boosted its position 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 valued at $68,917,000 after acquiring an additional 110,469 shares in the last quarter. Raine Group LLC purchased a new position in shares of Vanguard Total Corporate Bond Fund during the 3rd quarter worth approximately $4,901,000. Sanctuary Advisors LLC bought a new position in shares of Vanguard Total Corporate Bond Fund in the 2nd quarter worth approximately $3,538,000. Finally, Mill Creek Capital Advisors LLC raised its position in shares of Vanguard Total Corporate Bond Fund by 2.1% in the 2nd quarter. Mill Creek Capital Advisors LLC now owns 905,831 shares of the company’s stock worth $68,571,000 after acquiring an additional 18,806 shares in the last quarter.

Vanguard Total Corporate Bond Fund Trading Up 0.1 %

VTC opened at $74.79 on Wednesday. Vanguard Total Corporate Bond Fund has a 12 month low of $73.95 and a 12 month high of $79.92. The business’s 50-day moving average price is $76.55 and its 200-day moving average price is $77.35.

Vanguard Total Corporate Bond Fund Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were given a dividend of $0.3097 per share. This is an increase from Vanguard Total Corporate Bond Fund’s previous dividend of $0.26. The ex-dividend date was Tuesday, December 24th.

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.