Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Short Interest Down 68.4% in October

Vanguard Total Corporate Bond Fund (NASDAQ:VTC - Get Free Report) was the target of a significant decline in short interest during the month of October. As of October 15th, there was short interest totalling 8,600 shares, a decline of 68.4% from the September 30th total of 27,200 shares. Based on an average daily trading volume, of 48,600 shares, the short-interest ratio is currently 0.2 days.

Institutional Investors Weigh In On Vanguard Total Corporate Bond Fund

Large investors have recently made changes to their positions in the business. International Assets Investment Management LLC purchased a new position in shares of Vanguard Total Corporate Bond Fund in the second quarter valued at $31,000. Ridgewood Investments LLC purchased a new position in shares of Vanguard Total Corporate Bond Fund in the second quarter valued at $38,000. Redmont Wealth Advisors LLC purchased a new position in shares of Vanguard Total Corporate Bond Fund in the first quarter valued at $57,000. Richardson Financial Services Inc. purchased a new position in shares of Vanguard Total Corporate Bond Fund in the first quarter valued at $114,000. Finally, Breakwater Investment Management purchased a new position in shares of Vanguard Total Corporate Bond Fund in the second quarter valued at $187,000.

Vanguard Total Corporate Bond Fund Stock Performance

Shares of NASDAQ:VTC traded down $0.13 during trading on Friday, reaching $77.19. The stock had a trading volume of 43,747 shares, compared to its average volume of 43,266. Vanguard Total Corporate Bond Fund has a fifty-two week low of $70.74 and a fifty-two week high of $79.92. The business has a fifty day moving average price of $78.64 and a 200-day moving average price of $76.85.

Vanguard Total Corporate Bond Fund Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st were given a $0.283 dividend. This represents a $3.40 annualized dividend and a dividend yield of 4.40%. The ex-dividend date of this dividend was Tuesday, October 1st.

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.