Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Strong Trading Volume

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) shares saw unusually-high trading volume on Wednesday . Approximately 230,823 shares were traded during mid-day trading, an increase of 335% from the previous session’s volume of 53,111 shares.The stock last traded at $76.44 and had previously closed at $76.27.

Vanguard Total Corporate Bond Fund Stock Down 0.1 %

The business’s 50 day moving average is $76.31 and its 200-day moving average is $74.88.

Vanguard Total Corporate Bond Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, March 6th. Shareholders of record on Monday, March 4th were given a $0.2556 dividend. The ex-dividend date of this dividend was Friday, March 1st. This represents a $3.07 annualized dividend and a yield of 4.00%.

Institutional Trading of Vanguard Total Corporate Bond Fund

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Nepc LLC bought a new position in shares of Vanguard Total Corporate Bond Fund during the 4th quarter worth about $81,786,000. Capital Asset Advisory Services LLC lifted its holdings in Vanguard Total Corporate Bond Fund by 4.1% during the 3rd quarter. Capital Asset Advisory Services LLC now owns 686,347 shares of the company’s stock valued at $49,630,000 after purchasing an additional 27,254 shares during the last quarter. Bank of America Corp DE lifted its holdings in Vanguard Total Corporate Bond Fund by 5.4% during the 1st quarter. Bank of America Corp DE now owns 685,237 shares of the company’s stock valued at $52,510,000 after purchasing an additional 34,988 shares during the last quarter. Axxcess Wealth Management LLC bought a new position in Vanguard Total Corporate Bond Fund during the 3rd quarter valued at about $49,358,000. Finally, Mill Creek Capital Advisors LLC raised its stake in shares of Vanguard Total Corporate Bond Fund by 6.3% in the fourth quarter. Mill Creek Capital Advisors LLC now owns 667,419 shares of the company’s stock worth $51,718,000 after acquiring an additional 39,820 shares during the last quarter.

Vanguard Total Corporate Bond Fund 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.