Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Sees Strong Trading Volume – Time to Buy?

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) shares saw an uptick in trading volume on Monday . 88,890 shares were traded during mid-day trading, a decline of 23% from the previous session’s volume of 115,525 shares.The stock last traded at $76.51 and had previously closed at $76.53.

Vanguard Total Corporate Bond ETF Stock Performance

The stock’s 50 day moving average price is $76.67 and its two-hundred day moving average price is $77.25.

Vanguard Total Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which will be paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st will be issued a dividend of $0.316 per share. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Wednesday, July 1st.

Hedge Funds Weigh In On Vanguard Total Corporate Bond ETF

A number of institutional investors have recently made changes to their positions in the stock. Nepc LLC lifted its position in shares of Vanguard Total Corporate Bond ETF by 43.9% in the fourth quarter. Nepc LLC now owns 3,533,516 shares of the company’s stock valued at $274,342,000 after acquiring an additional 1,077,991 shares in the last quarter. Valpey Financial Services LLC increased its position in Vanguard Total Corporate Bond ETF by 7,873.0% during the 4th quarter. Valpey Financial Services LLC now owns 2,875,950 shares of the company’s stock worth $223,289,000 after purchasing an additional 2,839,879 shares in the last quarter. Wedmont Private Capital raised its stake in 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 valued at $89,610,000 after purchasing an additional 67,242 shares during the last quarter. Mill Creek Capital Advisors LLC raised its stake in Vanguard Total Corporate Bond ETF by 4.5% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 913,233 shares of the company’s stock valued at $70,903,000 after purchasing an additional 39,603 shares during the last quarter. Finally, Capital Asset Advisory Services LLC raised its stake in 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 valued at $62,711,000 after purchasing an additional 79,178 shares during the last quarter.

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.