Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) shares saw unusually-strong trading volume on Thursday . Approximately 183,364 shares changed hands during mid-day trading, an increase of 183% from the previous session’s volume of 64,700 shares.The stock last traded at $76.24 and had previously closed at $76.17.

Vanguard Total Corporate Bond Fund Stock Performance

The stock’s 50-day moving average is $75.91 and its 200-day moving average is $77.26.

Vanguard Total Corporate Bond Fund Cuts Dividend

The company also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were paid a dividend of $0.3019 per share. The ex-dividend date of this dividend was Monday, February 3rd.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

Institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC acquired a new position in shares of Vanguard Total Corporate Bond Fund during the fourth quarter worth approximately $83,000. Bank of Montreal Can acquired a new position in Vanguard Total Corporate Bond Fund during the fourth quarter worth $104,000. Trust Co. of Vermont acquired a new position in Vanguard Total Corporate Bond Fund during the fourth quarter worth $159,000. Canvas Wealth Advisors LLC acquired a new position in Vanguard Total Corporate Bond Fund during the fourth quarter worth $212,000. Finally, Oregon Pacific Wealth Management LLC acquired a new stake in shares of Vanguard Total Corporate Bond Fund in the 4th quarter worth about $261,000.

About Vanguard Total Corporate Bond Fund

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.