Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Short Interest Up 315.6% in September

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) was the target of a large growth in short interest during the month of September. As of September 15th, there was short interest totaling 103,900 shares, a growth of 315.6% from the August 31st total of 25,000 shares. Based on an average trading volume of 84,400 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 84,400 shares, the days-to-cover ratio is presently 1.2 days.

Vanguard Total Corporate Bond ETF Stock Up 0.2%

Shares of Vanguard Total Corporate Bond ETF stock opened at $78.46 on Friday. The business has a fifty day simple moving average of $77.80 and a two-hundred day simple moving average of $76.72. Vanguard Total Corporate Bond ETF has a 1 year low of $73.79 and a 1 year high of $79.14.

Vanguard Total Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st will be paid a dividend of $0.3076 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Wednesday, October 1st.

Institutional Trading of Vanguard Total Corporate Bond ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. MML Investors Services LLC grew its position in shares of Vanguard Total Corporate Bond ETF by 63.6% during the 2nd quarter. MML Investors Services LLC now owns 269,456 shares of the company’s stock worth $20,837,000 after purchasing an additional 104,760 shares in the last quarter. Wedmont Private Capital boosted its stake in shares of Vanguard Total Corporate Bond ETF by 8.6% in the first quarter. Wedmont Private Capital now owns 999,491 shares of the company’s stock valued at $74,672,000 after buying an additional 79,498 shares during the period. Corient Private Wealth LLC bought a new stake in shares of Vanguard Total Corporate Bond ETF in the second quarter valued at approximately $5,847,000. Wealthstar Advisors LLC acquired a new stake in Vanguard Total Corporate Bond ETF during the first quarter worth approximately $5,458,000. Finally, Valpey Financial Services LLC bought a new position in Vanguard Total Corporate Bond ETF during the 2nd quarter worth $2,674,000.

About Vanguard Total Corporate Bond ETF

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.