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

Vanguard Total Corporate Bond Fund (NASDAQ:VTC - Get Free Report) was the recipient of a significant decline in short interest in March. As of March 15th, there was short interest totalling 5,600 shares, a decline of 60.3% from the February 28th total of 14,100 shares. Currently, 0.0% of the company's stock are sold short. Based on an average daily volume of 74,500 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Trading of Vanguard Total Corporate Bond Fund

A number of institutional investors have recently added to or reduced their stakes in the business. PFG Investments LLC increased its stake in shares of Vanguard Total Corporate Bond Fund by 6.6% during the 4th quarter. PFG Investments LLC now owns 10,916 shares of the company's stock worth $826,000 after purchasing an additional 673 shares during the last quarter. Capital Asset Advisory Services LLC increased its position in Vanguard Total Corporate Bond Fund by 1.0% during the fourth quarter. Capital Asset Advisory Services LLC now owns 722,809 shares of the company's stock worth $54,644,000 after buying an additional 6,982 shares during the last quarter. RFG Advisory LLC raised its holdings in Vanguard Total Corporate Bond Fund by 13.6% during the fourth quarter. RFG Advisory LLC now owns 14,280 shares of the company's stock valued at $1,081,000 after buying an additional 1,709 shares in the last quarter. Breakwater Investment Management lifted its position in shares of Vanguard Total Corporate Bond Fund by 48.9% in the fourth quarter. Breakwater Investment Management now owns 15,046 shares of the company's stock worth $1,139,000 after buying an additional 4,943 shares during the last quarter. Finally, Trust Co. of Vermont bought a new stake in shares of Vanguard Total Corporate Bond Fund during the 4th quarter worth about $159,000.

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Vanguard Total Corporate Bond Fund Stock Performance

VTC stock traded up $0.36 during mid-day trading on Friday, hitting $76.67. The stock had a trading volume of 73,359 shares, compared to its average volume of 50,659. Vanguard Total Corporate Bond Fund has a 1-year low of $73.95 and a 1-year high of $79.92. The company has a fifty day moving average of $76.42 and a 200 day moving average of $76.96.

Vanguard Total Corporate Bond Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were issued a $0.2748 dividend. The ex-dividend date was Monday, March 3rd.

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.