Short Interest in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Expands By 87.2%

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 13,625 shares, an increase of 87.2% from the June 30th total of 7,279 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily volume of 91,202 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in VTC. Oregon Pacific Wealth Management LLC grew its holdings in Vanguard Total Corporate Bond ETF by 4.7% during the 1st quarter. Oregon Pacific Wealth Management LLC now owns 2,996 shares of the company’s stock valued at $230,000 after buying an additional 134 shares in the last quarter. McKinley Carter Wealth Services Inc. increased its position in shares of Vanguard Total Corporate Bond ETF by 6.6% during the fourth quarter. McKinley Carter Wealth Services Inc. now owns 2,837 shares of the company’s stock valued at $220,000 after buying an additional 176 shares during the period. Savvy Advisors Inc. lifted its holdings in shares of Vanguard Total Corporate Bond ETF by 2.1% in the fourth quarter. Savvy Advisors Inc. now owns 9,618 shares of the company’s stock worth $747,000 after buying an additional 198 shares in the last quarter. Topsail Wealth Management LLC boosted its position in shares of Vanguard Total Corporate Bond ETF by 1.4% in the fourth quarter. Topsail Wealth Management LLC now owns 14,813 shares of the company’s stock valued at $1,150,000 after acquiring an additional 207 shares during the period. Finally, Winthrop Capital Management LLC boosted its position in shares of Vanguard Total Corporate Bond ETF by 11.4% in the fourth quarter. Winthrop Capital Management LLC now owns 2,200 shares of the company’s stock valued at $171,000 after acquiring an additional 225 shares during the period.

Vanguard Total Corporate Bond ETF Trading Down 0.4%

VTC opened at $75.30 on Thursday. The firm has a 50-day moving average price of $76.35 and a 200-day moving average price of $77.00. Vanguard Total Corporate Bond ETF has a twelve month low of $75.16 and a twelve month high of $79.24.

Vanguard Total Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were paid a dividend of $0.316 per share. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%. The ex-dividend date was Wednesday, July 1st.

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.