Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Short Interest Up 3,720.6% in March

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) was the target of a large growth in short interest in March. As of March 31st, there was short interest totalling 389,700 shares, a growth of 3,720.6% from the March 15th total of 10,200 shares. Based on an average trading volume of 786,500 shares, the short-interest ratio is currently 0.5 days.

Institutional Trading of Vanguard Total Corporate Bond Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Bank of New York Mellon Corp raised its holdings in Vanguard Total Corporate Bond Fund by 5.5% during the 1st quarter. Bank of New York Mellon Corp now owns 3,205 shares of the company’s stock valued at $246,000 after buying an additional 167 shares during the period. OneAscent Wealth Management LLC grew its position in Vanguard Total Corporate Bond Fund by 4.8% in the 3rd quarter. OneAscent Wealth Management LLC now owns 4,458 shares of the company’s stock valued at $323,000 after acquiring an additional 204 shares during the last quarter. Stifel Financial Corp grew its position in Vanguard Total Corporate Bond Fund by 0.7% in the 2nd quarter. Stifel Financial Corp now owns 33,175 shares of the company’s stock valued at $2,510,000 after acquiring an additional 217 shares during the last quarter. Investment Advisory Group LLC grew its position in Vanguard Total Corporate Bond Fund by 7.9% in the 3rd quarter. Investment Advisory Group LLC now owns 3,820 shares of the company’s stock valued at $277,000 after acquiring an additional 280 shares during the last quarter. Finally, Kestra Private Wealth Services LLC grew its position in Vanguard Total Corporate Bond Fund by 1.2% in the 4th quarter. Kestra Private Wealth Services LLC now owns 24,175 shares of the company’s stock valued at $1,873,000 after acquiring an additional 288 shares during the last quarter.

Vanguard Total Corporate Bond Fund Stock Performance

NASDAQ:VTC opened at $74.94 on Thursday. The stock’s fifty day moving average is $76.12 and its 200 day moving average is $75.02. Vanguard Total Corporate Bond Fund has a fifty-two week low of $70.30 and a fifty-two week high of $77.89.

Vanguard Total Corporate Bond Fund Increases Dividend

The business also recently declared a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were issued a dividend of $0.2776 per share. This represents a $3.33 annualized dividend and a yield of 4.45%. The ex-dividend date of this dividend was Monday, April 1st. This is a positive change from Vanguard Total Corporate Bond Fund’s previous monthly dividend of $0.26.

Vanguard Total Corporate Bond Fund 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.