Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Large Volume Increase

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) shares saw an uptick in trading volume on Wednesday . 154,654 shares were traded during mid-day trading, an increase of 255% from the previous session’s volume of 43,606 shares.The stock last traded at $79.16 and had previously closed at $79.31.

Vanguard Total Corporate Bond Fund Trading Down 0.1 %

The business has a 50 day simple moving average of $78.30 and a two-hundred day simple moving average of $76.61.

Vanguard Total Corporate Bond Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Thursday, October 3rd. Stockholders of record on Tuesday, October 1st will be issued a dividend of $0.283 per share. The ex-dividend date is Tuesday, October 1st. This represents a $3.40 annualized dividend and a dividend yield of 4.29%.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

Hedge funds have recently made changes to their positions in the stock. Nepc LLC acquired a new stake in Vanguard Total Corporate Bond Fund during the 4th quarter worth approximately $81,786,000. Drucker Wealth 3.0 LLC acquired a new position in shares of Vanguard Total Corporate Bond Fund during the 2nd quarter valued at $11,083,000. Wedmont Private Capital boosted its position in Vanguard Total Corporate Bond Fund by 12.6% during the 2nd quarter. Wedmont Private Capital now owns 728,836 shares of the company’s stock worth $56,011,000 after purchasing an additional 81,387 shares during the period. Sanctuary Advisors LLC purchased a new stake in Vanguard Total Corporate Bond Fund during the 2nd quarter worth $3,538,000. Finally, UBS Group AG increased its holdings in Vanguard Total Corporate Bond Fund by 61.7% in the 4th quarter. UBS Group AG now owns 115,087 shares of the company’s stock valued at $8,918,000 after purchasing an additional 43,914 shares in 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.