North Dakota State Investment Board Invests $28.17 Million in Vanguard Total Corporate Bond ETF $VTC

North Dakota State Investment Board bought a new position in shares of Vanguard Total Corporate Bond ETF (NASDAQ:VTC) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 362,872 shares of the company’s stock, valued at approximately $28,173,000. Vanguard Total Corporate Bond ETF accounts for about 1.0% of North Dakota State Investment Board’s investment portfolio, making the stock its 17th biggest position.

A number of other institutional investors also recently modified their holdings of VTC. Warwick Investment Management Inc. grew its holdings in shares of Vanguard Total Corporate Bond ETF by 158.4% during the fourth quarter. Warwick Investment Management Inc. now owns 234,347 shares of the company’s stock valued at $18,195,000 after buying an additional 143,662 shares during the last quarter. MML Investors Services LLC increased its position in shares of Vanguard Total Corporate Bond ETF by 63.6% during the second quarter. MML Investors Services LLC now owns 269,456 shares of the company’s stock worth $20,837,000 after acquiring an additional 104,760 shares in the last quarter. Capital Asset Advisory Services LLC raised its holdings in shares of Vanguard Total Corporate Bond ETF by 10.9% in the 4th quarter. Capital Asset Advisory Services LLC now owns 805,738 shares of the company’s stock worth $62,711,000 after acquiring an additional 79,178 shares during the last quarter. Corient Private Wealth LLC acquired a new stake in shares of Vanguard Total Corporate Bond ETF in the 2nd quarter worth about $5,847,000. Finally, Wedmont Private Capital raised its holdings in shares of Vanguard Total Corporate Bond ETF by 6.2% in the 4th quarter. Wedmont Private Capital now owns 1,150,759 shares of the company’s stock worth $89,610,000 after acquiring an additional 67,242 shares during the last quarter.

Vanguard Total Corporate Bond ETF Stock Performance

VTC opened at $76.11 on Monday. Vanguard Total Corporate Bond ETF has a fifty-two week low of $74.91 and a fifty-two week high of $79.24. The company’s 50-day moving average is $76.87 and its 200 day moving average is $77.61.

Vanguard Total Corporate Bond ETF Announces Dividend

The business also recently declared a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a $0.3141 dividend. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date of this dividend was Friday, May 1st.

About Vanguard Total Corporate Bond ETF

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.