Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Stock Short Interest Drops 44.5%

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) was the target of a significant decline in short interest in September. As of September 30th, there was short interest totaling 23,398 shares, a decline of 44.5% from the September 15th total of 42,191 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 309,300 shares, the days-to-cover ratio is currently 0.1 days.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Oregon Pacific Wealth Management LLC lifted its stake 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 acquiring an additional 134 shares during the period. Corient Private Wealth LLC lifted its position in Vanguard Total Corporate Bond ETF by 0.8% during the fourth quarter. Corient Private Wealth LLC now owns 38,605 shares of the company’s stock valued at $2,997,000 after purchasing an additional 309 shares during the period. Chicago Partners Investment Group LLC lifted its position in Vanguard Total Corporate Bond ETF by 1.2% during the first quarter. Chicago Partners Investment Group LLC now owns 26,181 shares of the company’s stock valued at $2,024,000 after purchasing an additional 315 shares during the period. Waverly Advisors LLC purchased a new stake in Vanguard Total Corporate Bond ETF in the first quarter worth approximately $26,000. Finally, PFG Investments LLC grew its position in Vanguard Total Corporate Bond ETF by 4.0% in the 1st quarter. PFG Investments LLC now owns 10,154 shares of the company’s stock worth $780,000 after purchasing an additional 388 shares during the period.

Vanguard Total Corporate Bond ETF Trading Up 0.7%

Shares of NASDAQ VTC traded up $0.48 during midday trading on Thursday, hitting $73.54. 76,074 shares of the stock traded hands, compared to its average volume of 117,770. Vanguard Total Corporate Bond ETF has a one year low of $72.11 and a one year high of $79.24. The business has a 50 day moving average price of $74.24 and a two-hundred day moving average price of $75.69.

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.