Short Interest in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Expands By 87.2%

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) was the recipient of a large growth in short interest in the month of July. As of July 15th, there was short interest totaling 13,625 shares, a growth of 87.2% from the June 30th total of 7,279 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average daily volume of 91,202 shares, the short-interest ratio is currently 0.1 days.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Nepc LLC grew its position in shares of Vanguard Total Corporate Bond ETF by 43.9% during 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 lifted its stake in Vanguard Total Corporate Bond ETF by 7,873.0% in the fourth quarter. Valpey Financial Services LLC now owns 2,875,950 shares of the company’s stock valued at $223,289,000 after purchasing an additional 2,839,879 shares during the last quarter. Mill Creek Capital Advisors LLC grew its holdings in Vanguard Total Corporate Bond ETF by 4.5% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 913,233 shares of the company’s stock valued at $70,903,000 after purchasing an additional 39,603 shares during the period. Axxcess Wealth Management LLC increased its position in Vanguard Total Corporate Bond ETF by 6.4% in the fourth quarter. Axxcess Wealth Management LLC now owns 772,526 shares of the company’s stock worth $59,979,000 after buying an additional 46,288 shares during the last quarter. Finally, Bank of America Corp DE increased its position in Vanguard Total Corporate Bond ETF by 8.7% in the third quarter. Bank of America Corp DE now owns 542,974 shares of the company’s stock worth $42,558,000 after buying an additional 43,594 shares during the last quarter.

Vanguard Total Corporate Bond ETF Trading Down 0.4%

VTC opened at $75.30 on Thursday. The company has a fifty day moving average of $76.35 and a 200-day moving average of $77.00. Vanguard Total Corporate Bond ETF has a twelve month low of $75.16 and a twelve month high of $79.24.

Vanguard Total Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a $0.316 dividend. This represents a c) dividend on an annualized basis and a dividend 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.