Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Reaches New 52-Week High at $79.92

Shares of Vanguard Total Corporate Bond Fund (NASDAQ:VTC) reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $79.92 and last traded at $79.67, with a volume of 11838 shares. The stock had previously closed at $79.73.

Vanguard Total Corporate Bond Fund Price Performance

The stock has a fifty day moving average of $77.66 and a two-hundred day moving average of $76.36.

Vanguard Total Corporate Bond Fund Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, September 5th. Investors of record on Tuesday, September 3rd were issued a $0.293 dividend. This is a positive change from Vanguard Total Corporate Bond Fund’s previous monthly dividend of $0.28. This represents a $3.52 annualized dividend and a yield of 4.41%. The ex-dividend date was Tuesday, September 3rd.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Nepc LLC lifted its position in Vanguard Total Corporate Bond Fund by 66.7% in the first quarter. Nepc LLC now owns 1,759,073 shares of the company’s stock worth $134,780,000 after purchasing an additional 703,638 shares during the period. Mill Creek Capital Advisors LLC increased its position in Vanguard Total Corporate Bond Fund by 2.1% during the second quarter. Mill Creek Capital Advisors LLC now owns 905,831 shares of the company’s stock worth $68,571,000 after buying an additional 18,806 shares during the last quarter. Wedmont Private Capital increased its position in Vanguard Total Corporate Bond Fund by 12.6% during the second quarter. Wedmont Private Capital now owns 728,836 shares of the company’s stock worth $56,011,000 after buying an additional 81,387 shares during the last quarter. Axxcess Wealth Management LLC increased its position in Vanguard Total Corporate Bond Fund by 0.8% during the second quarter. Axxcess Wealth Management LLC now owns 694,788 shares of the company’s stock worth $52,595,000 after buying an additional 5,817 shares during the last quarter. Finally, Capital Asset Advisory Services LLC grew its position in shares of Vanguard Total Corporate Bond Fund by 3.0% in the first quarter. Capital Asset Advisory Services LLC now owns 692,307 shares of the company’s stock valued at $52,318,000 after purchasing an additional 20,253 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.