Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Short Interest Update

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) was the target of a large decrease in short interest in June. As of June 30th, there was short interest totaling 7,279 shares, a decrease of 77.3% from the June 15th total of 32,132 shares. Based on an average daily volume of 125,808 shares, the short-interest ratio is presently 0.1 days. Currently, 0.0% of the shares of the stock are short sold.

Institutional Investors Weigh In On Vanguard Total Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in the business. Nepc LLC increased its position in Vanguard Total Corporate Bond ETF by 43.9% in the 4th quarter. Nepc LLC now owns 3,533,516 shares of the company’s stock valued at $274,342,000 after acquiring an additional 1,077,991 shares during the period. Valpey Financial Services LLC raised its position in Vanguard Total Corporate Bond ETF by 7,873.0% during the 4th quarter. Valpey Financial Services LLC now owns 2,875,950 shares of the company’s stock worth $223,289,000 after purchasing an additional 2,839,879 shares during the last quarter. Wedmont Private Capital raised its position in Vanguard Total Corporate Bond ETF by 6.2% during the 4th quarter. Wedmont Private Capital now owns 1,150,759 shares of the company’s stock worth $89,610,000 after purchasing an additional 67,242 shares during the last quarter. Mill Creek Capital Advisors LLC lifted its holdings in Vanguard Total Corporate Bond ETF by 4.5% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 913,233 shares of the company’s stock worth $70,903,000 after buying an additional 39,603 shares during the period. Finally, Capital Asset Advisory Services LLC lifted its holdings in Vanguard Total Corporate Bond ETF by 10.9% during the 4th quarter. Capital Asset Advisory Services LLC now owns 805,738 shares of the company’s stock worth $62,711,000 after buying an additional 79,178 shares during the period.

Vanguard Total Corporate Bond ETF Stock Performance

Shares of VTC stock traded down $0.29 during mid-day trading on Monday, reaching $75.62. 63,209 shares of the stock traded hands, compared to its average volume of 114,813. The stock’s fifty day simple moving average is $76.58 and its two-hundred day simple moving average is $77.19. Vanguard Total Corporate Bond ETF has a 1-year low of $75.61 and a 1-year high of $79.24.

Vanguard Total Corporate Bond ETF Cuts Dividend

The firm also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were issued a $0.316 dividend. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date was Wednesday, July 1st.

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.