Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Sees Large Drop in Short Interest

Vanguard Total Corporate Bond ETF (NASDAQ:VTC – Get Free Report) saw a significant decrease in short interest in the month of September. As of September 30th, there was short interest totaling 23,398 shares, a decrease of 44.5% from the September 15th total of 42,191 shares. Based on an average trading volume of 309,300 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the company’s stock are sold short.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of VTC. Waverly Advisors LLC purchased a new stake in Vanguard Total Corporate Bond ETF during the first quarter valued at approximately $26,000. Ascentis Independent Advisors purchased a new position in Vanguard Total Corporate Bond ETF in the first quarter worth $49,000. Mather Group LLC. purchased a new position in Vanguard Total Corporate Bond ETF in the third quarter worth $122,000. Trust Co. of Vermont purchased a new position in Vanguard Total Corporate Bond ETF in the second quarter worth $127,000. Finally, Oregon Pacific Wealth Management LLC increased its position in shares of Vanguard Total Corporate Bond ETF by 4.7% during the first quarter. Oregon Pacific Wealth Management LLC now owns 2,996 shares of the company’s stock worth $230,000 after purchasing an additional 134 shares in the last quarter.

Vanguard Total Corporate Bond ETF Price Performance

VTC stock remained flat at $73.51 during trading on Friday. The company had a trading volume of 395,000 shares, compared to its average volume of 119,922. The company’s 50 day moving average price is $74.17 and its 200 day moving average price is $75.66. Vanguard Total Corporate Bond ETF has a 12 month low of $72.11 and a 12 month high of $79.24.

About Vanguard Total Corporate Bond ETF

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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.

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