Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Short Interest Down 73.5% in April

Vanguard Total Corporate Bond Fund (NASDAQ:VTC - Get Free Report) was the target of a significant drop in short interest in April. As of April 15th, there was short interest totalling 10,900 shares, a drop of 73.5% from the March 31st total of 41,200 shares. Based on an average trading volume of 78,700 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the company's shares are short sold.

Vanguard Total Corporate Bond Fund Stock Down 0.3 %

Shares of NASDAQ:VTC traded down $0.21 during mid-day trading on Friday, hitting $75.74. The stock had a trading volume of 99,770 shares, compared to its average volume of 55,012. Vanguard Total Corporate Bond Fund has a 12-month low of $73.79 and a 12-month high of $79.92. The company's 50 day moving average is $76.26 and its 200-day moving average is $76.43.

Vanguard Total Corporate Bond Fund Increases Dividend

The firm also recently disclosed a dividend, which will be paid on Monday, May 5th. Investors of record on Thursday, May 1st will be paid a $0.3107 dividend. This is an increase from Vanguard Total Corporate Bond Fund's previous dividend of $0.27. The ex-dividend date of this dividend is Thursday, May 1st.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

Several institutional investors and hedge funds have recently bought and sold shares of the business. Nepc LLC increased its stake in Vanguard Total Corporate Bond Fund by 35.5% in the 4th quarter. Nepc LLC now owns 2,455,525 shares of the company's stock valued at $185,908,000 after buying an additional 642,813 shares during the period. Wedmont Private Capital increased its position in Vanguard Total Corporate Bond Fund by 8.6% in the 1st quarter. Wedmont Private Capital now owns 999,491 shares of the company's stock worth $74,672,000 after purchasing an additional 79,498 shares during the last quarter. Mill Creek Capital Advisors LLC raised its stake in shares of Vanguard Total Corporate Bond Fund by 0.4% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 916,624 shares of the company's stock worth $69,398,000 after purchasing an additional 3,949 shares in the last quarter. Capital Asset Advisory Services LLC lifted its holdings in shares of Vanguard Total Corporate Bond Fund by 1.0% during the 4th quarter. Capital Asset Advisory Services LLC now owns 722,809 shares of the company's stock valued at $54,644,000 after buying an additional 6,982 shares during the last quarter. Finally, Axxcess Wealth Management LLC lifted its stake in Vanguard Total Corporate Bond Fund by 1.0% in the fourth quarter. Axxcess Wealth Management LLC now owns 718,891 shares of the company's stock valued at $54,427,000 after acquiring an additional 7,197 shares during the last quarter.

About Vanguard Total Corporate Bond Fund

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.