Short Interest in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Declines By 77.3%

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

Institutional Investors Weigh In On Vanguard Total Corporate Bond ETF

A number of large investors have recently added to or reduced their stakes in VTC. Nepc LLC lifted its stake in Vanguard Total Corporate Bond ETF by 43.9% during the fourth quarter. Nepc LLC now owns 3,533,516 shares of the company’s stock worth $274,342,000 after purchasing an additional 1,077,991 shares during the last quarter. Valpey Financial Services LLC increased its position in shares of 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 valued at $223,289,000 after purchasing an additional 2,839,879 shares during the last quarter. Wedmont Private Capital increased its position in shares of 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 valued at $89,610,000 after purchasing an additional 67,242 shares during the last quarter. Mill Creek Capital Advisors LLC increased its position in shares of 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 valued at $70,903,000 after purchasing an additional 39,603 shares during the last quarter. Finally, Capital Asset Advisory Services LLC raised its holdings in shares of 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 valued at $62,711,000 after buying an additional 79,178 shares in the last quarter.

Vanguard Total Corporate Bond ETF Price Performance

Shares of NASDAQ:VTC traded down $0.13 during trading on Friday, reaching $75.91. The company had a trading volume of 72,929 shares, compared to its average volume of 115,212. The company has a fifty day moving average of $76.58 and a two-hundred day moving average of $77.20. Vanguard Total Corporate Bond ETF has a 12 month low of $75.62 and a 12 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. Investors of record on Wednesday, July 1st were given a $0.316 dividend. The ex-dividend date was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 5.0%.

Vanguard Total Corporate Bond ETF Company Profile

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.