Vanguard Total Corporate Bond Fund (NASDAQ:VTC - Get Free Report) was the recipient of a significant decline in short interest in February. As of February 15th, there was short interest totalling 16,900 shares, a decline of 13.8% from the January 31st total of 19,600 shares. Based on an average trading volume of 67,400 shares, the days-to-cover ratio is presently 0.3 days.
Vanguard Total Corporate Bond Fund Price Performance
Shares of NASDAQ VTC traded down $0.12 during trading on Friday, hitting $76.53. The company had a trading volume of 20,848 shares, compared to its average volume of 80,269. Vanguard Total Corporate Bond Fund has a 52 week low of $73.95 and a 52 week high of $79.92. The business's 50-day moving average is $76.06 and its 200 day moving average is $77.21.
Vanguard Total Corporate Bond Fund Cuts Dividend
The business also recently declared a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2748 dividend. The ex-dividend date was Monday, March 3rd.
Institutional Inflows and Outflows
Several institutional investors have recently modified their holdings of VTC. Axxcess Wealth Management LLC increased its holdings in shares of Vanguard Total Corporate Bond Fund by 2.4% in the third quarter. Axxcess Wealth Management LLC now owns 711,694 shares of the company's stock valued at $56,437,000 after buying an additional 16,906 shares in the last quarter. Addison Advisors LLC bought a new position in shares of Vanguard Total Corporate Bond Fund in the third quarter valued at $334,000. Harbour Investments Inc. increased its holdings in shares of Vanguard Total Corporate Bond Fund by 4.7% in the third quarter. Harbour Investments Inc. now owns 12,946 shares of the company's stock valued at $1,027,000 after buying an additional 583 shares in the last quarter. Savvy Advisors Inc. increased its holdings in shares of Vanguard Total Corporate Bond Fund by 21.9% in the third quarter. Savvy Advisors Inc. now owns 9,762 shares of the company's stock valued at $774,000 after buying an additional 1,757 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC raised its stake in Vanguard Total Corporate Bond Fund by 0.8% during the 3rd quarter. Mill Creek Capital Advisors LLC now owns 912,675 shares of the company's stock valued at $72,375,000 after purchasing an additional 6,844 shares during the period.
About Vanguard Total Corporate Bond Fund
(
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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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