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

Vanguard Total Corporate Bond Fund (NASDAQ:VTCGet Free Report) was the recipient of a large drop in short interest in January. As of January 15th, there was short interest totalling 10,000 shares, a drop of 68.9% from the December 31st total of 32,200 shares. Based on an average daily trading volume, of 55,400 shares, the days-to-cover ratio is presently 0.2 days.

Vanguard Total Corporate Bond Fund Stock Performance

VTC traded up $0.12 on Thursday, reaching $76.27. 26,621 shares of the company’s stock were exchanged, compared to its average volume of 54,635. Vanguard Total Corporate Bond Fund has a twelve month low of $73.95 and a twelve month high of $79.92. The stock’s fifty day moving average price is $76.31 and its 200-day moving average price is $77.32.

Vanguard Total Corporate Bond Fund Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were paid a $0.3097 dividend. This is a boost from Vanguard Total Corporate Bond Fund’s previous dividend of $0.26. The ex-dividend date of this dividend was Tuesday, December 24th.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in VTC. Trust Co. of Vermont acquired a new position in shares of Vanguard Total Corporate Bond Fund in the 4th quarter worth approximately $159,000. Canvas Wealth Advisors LLC purchased a new stake in Vanguard Total Corporate Bond Fund in the fourth quarter valued at approximately $212,000. Oregon Pacific Wealth Management LLC acquired a new position in Vanguard Total Corporate Bond Fund during the fourth quarter worth $261,000. Consolidated Portfolio Review Corp purchased a new position in shares of Vanguard Total Corporate Bond Fund during the fourth quarter worth $289,000. Finally, Addison Advisors LLC acquired a new stake in shares of Vanguard Total Corporate Bond Fund in the third quarter valued at $334,000.

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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