Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Significant Decrease in Short Interest

Vanguard Total Corporate Bond Fund (NASDAQ:VTC – Get Rating) was the recipient of a large drop in short interest during the month of May. As of May 15th, there was short interest totalling 4,500 shares, a drop of 90.6% from the April 30th total of 47,800 shares. Based on an average daily volume of 63,500 shares, the short-interest ratio is currently 0.1 days.

Vanguard Total Corporate Bond Fund Price Performance

Vanguard Total Corporate Bond Fund stock traded up $0.06 during mid-day trading on Friday, reaching $74.67. 2,137 shares of the company’s stock were exchanged, compared to its average volume of 58,234. Vanguard Total Corporate Bond Fund has a twelve month low of $70.09 and a twelve month high of $80.26. The company has a fifty day moving average of $75.89 and a 200-day moving average of $75.72.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

Hedge funds and other institutional investors have recently bought and sold shares of the company. Lakewood Asset Management LLC purchased a new stake in Vanguard Total Corporate Bond Fund during the fourth quarter worth about $31,000. Ridgewood Investments LLC acquired a new position in Vanguard Total Corporate Bond Fund during the first quarter worth $69,000. Ameritas Advisory Services LLC acquired a new position in Vanguard Total Corporate Bond Fund during the first quarter worth $76,000. Rockefeller Capital Management L.P. raised its holdings in Vanguard Total Corporate Bond Fund by 120.0% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,100 shares of the company’s stock worth $81,000 after purchasing an additional 600 shares during the last quarter. Finally, Commonwealth Equity Services LLC acquired a new position in Vanguard Total Corporate Bond Fund during the first quarter worth $239,000.

About Vanguard Total Corporate Bond Fund

(Get Rating)

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.