Short Interest in Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Decreases By 16.6%

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) was the target of a significant decrease in short interest during the month of February. As of February 28th, there was short interest totalling 14,100 shares, a decrease of 16.6% from the February 13th total of 16,900 shares. Currently, 0.1% of the shares of the stock are short sold. Based on an average daily volume of 72,000 shares, the days-to-cover ratio is presently 0.2 days.

Institutional Trading of Vanguard Total Corporate Bond Fund

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

Vanguard Total Corporate Bond Fund Price Performance

VTC opened at $76.48 on Tuesday. Vanguard Total Corporate Bond Fund has a one year low of $73.95 and a one year high of $79.92. The company’s 50 day simple moving average is $76.17 and its 200-day simple moving average is $77.09.

Vanguard Total Corporate Bond Fund Cuts Dividend

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

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.