Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Significant Drop in Short Interest

Vanguard Total Corporate Bond Fund (NASDAQ:VTCGet Free Report) was the recipient of a large decrease in short interest during the month of April. As of April 15th, there was short interest totalling 10,900 shares, a decrease of 73.5% from the March 31st total of 41,200 shares. Based on an average trading volume of 78,700 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. NBC Securities Inc. acquired a new position in Vanguard Total Corporate Bond Fund during the 1st quarter worth approximately $36,000. EverSource Wealth Advisors LLC acquired a new stake in Vanguard Total Corporate Bond Fund in the fourth quarter valued at $83,000. Creative Financial Designs Inc. ADV increased its position in shares of Vanguard Total Corporate Bond Fund by 13.6% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,170 shares of the company’s stock valued at $90,000 after buying an additional 140 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Vanguard Total Corporate Bond Fund during the 4th quarter worth $104,000. Finally, Vermillion Wealth Management Inc. acquired a new position in shares of Vanguard Total Corporate Bond Fund during the 4th quarter worth $132,000.

Vanguard Total Corporate Bond Fund Stock Up 0.4 %

VTC opened at $76.35 on Monday. The business has a 50 day moving average price of $76.26 and a two-hundred day moving average price of $76.46. Vanguard Total Corporate Bond Fund has a 52 week low of $73.79 and a 52 week high of $79.92.

Vanguard Total Corporate Bond Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Thursday, April 3rd. Shareholders of record on Tuesday, April 1st were given a dividend of $0.2797 per share. This represents a $3.36 annualized dividend and a yield of 4.40%. The ex-dividend date was Tuesday, April 1st.

About Vanguard Total Corporate Bond Fund

(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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