Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Short Interest Up 315.6% in September

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) was the target of a significant increase in short interest in the month of September. As of September 15th, there was short interest totaling 103,900 shares, an increase of 315.6% from the August 31st total of 25,000 shares. Based on an average trading volume of 84,400 shares, the days-to-cover ratio is presently 1.2 days. Based on an average trading volume of 84,400 shares, the days-to-cover ratio is presently 1.2 days.

Hedge Funds Weigh In On Vanguard Total Corporate Bond ETF

A number of hedge funds and other institutional investors have recently modified their holdings of VTC. Creative Financial Designs Inc. ADV raised its holdings in shares of Vanguard Total Corporate Bond ETF by 13.6% in the first quarter. Creative Financial Designs Inc. ADV now owns 1,170 shares of the company’s stock worth $90,000 after buying an additional 140 shares during the last quarter. Chicago Partners Investment Group LLC raised its holdings in shares of Vanguard Total Corporate Bond ETF by 0.8% in the first quarter. Chicago Partners Investment Group LLC now owns 19,333 shares of the company’s stock worth $1,468,000 after buying an additional 151 shares during the last quarter. Breakwater Investment Management raised its holdings in shares of Vanguard Total Corporate Bond ETF by 1.4% in the third quarter. Breakwater Investment Management now owns 14,600 shares of the company’s stock worth $1,144,000 after buying an additional 200 shares during the last quarter. Winthrop Capital Management LLC raised its holdings in shares of Vanguard Total Corporate Bond ETF by 11.9% in the first quarter. Winthrop Capital Management LLC now owns 2,031 shares of the company’s stock worth $156,000 after buying an additional 216 shares during the last quarter. Finally, Perigon Wealth Management LLC raised its holdings in shares of Vanguard Total Corporate Bond ETF by 0.7% in the second quarter. Perigon Wealth Management LLC now owns 35,415 shares of the company’s stock worth $2,739,000 after buying an additional 229 shares during the last quarter.

Vanguard Total Corporate Bond ETF Stock Down 0.2%

Shares of NASDAQ:VTC opened at $78.33 on Friday. The firm’s 50 day simple moving average is $77.83 and its 200-day simple moving average is $76.73. Vanguard Total Corporate Bond ETF has a one year low of $73.79 and a one year high of $79.00.

Vanguard Total Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 3rd. Stockholders of record on Wednesday, October 1st were given a dividend of $0.3076 per share. The ex-dividend date of this dividend was Wednesday, October 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%.

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.