NewEdge Advisors LLC Has $758,000 Position in Vanguard Total Corporate Bond ETF $VTC

NewEdge Advisors LLC raised its holdings in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 263.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 9,864 shares of the company’s stock after buying an additional 7,149 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard Total Corporate Bond ETF were worth $758,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Waverly Advisors LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF in the 1st quarter valued at $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Vanguard Total Corporate Bond ETF during the 4th quarter valued at about $39,000. Ascentis Independent Advisors bought a new stake in Vanguard Total Corporate Bond ETF in the first quarter valued at about $49,000. Winthrop Capital Management LLC raised its position in Vanguard Total Corporate Bond ETF by 11.4% in the fourth quarter. Winthrop Capital Management LLC now owns 2,200 shares of the company’s stock worth $171,000 after purchasing an additional 225 shares in the last quarter. Finally, IFP Advisors Inc acquired a new position in Vanguard Total Corporate Bond ETF in the fourth quarter worth about $203,000.

Vanguard Total Corporate Bond ETF Stock Performance

Shares of VTC opened at $75.25 on Monday. The company has a 50-day moving average price of $76.30 and a two-hundred day moving average price of $76.96. Vanguard Total Corporate Bond ETF has a 12 month low of $75.13 and a 12 month high of $79.24.

Vanguard Total Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Monday, July 6th. Stockholders of record on Wednesday, July 1st were issued a $0.316 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

Vanguard Total Corporate Bond ETF 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.