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

Vanguard Total Corporate Bond Fund (NASDAQ:VTC - Get Free Report) saw a large decline in short interest during 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 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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VTC. Wedmont Private Capital increased 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 buying an additional 110,469 shares in the last quarter. Mill Creek Capital Advisors LLC increased its holdings in shares of Vanguard Total Corporate Bond Fund by 0.8% during the third quarter. Mill Creek Capital Advisors LLC now owns 912,675 shares of the company's stock valued at $72,375,000 after acquiring an additional 6,844 shares in the last quarter. Axxcess Wealth Management LLC raised its position in shares of Vanguard Total Corporate Bond Fund by 2.4% in the 3rd quarter. Axxcess Wealth Management LLC now owns 711,694 shares of the company's stock worth $56,437,000 after purchasing an additional 16,906 shares during the last quarter. MML Investors Services LLC boosted its stake in Vanguard Total Corporate Bond Fund by 1.2% in the 3rd quarter. MML Investors Services LLC now owns 277,852 shares of the company's stock worth $22,034,000 after purchasing an additional 3,398 shares in the last quarter. Finally, Drucker Wealth 3.0 LLC purchased a new stake in Vanguard Total Corporate Bond Fund during the 2nd quarter valued at about $11,083,000.

Vanguard Total Corporate Bond Fund Price Performance

Shares of Vanguard Total Corporate Bond Fund stock traded down $0.17 during midday trading on Monday, reaching $74.74. 44,823 shares of the company's stock traded hands, compared to its average volume of 67,760. The stock has a 50 day moving average of $76.59 and a 200-day moving average of $77.36. Vanguard Total Corporate Bond Fund has a 12 month low of $73.95 and a 12 month high of $79.92.

Vanguard Total Corporate Bond Fund Increases Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Tuesday, December 24th were issued 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.

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