Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Sets New 52-Week Low – Here’s Why

Vanguard Total Corporate Bond ETF (NASDAQ:VTC)’s share price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $75.06 and last traded at $75.08, with a volume of 79579 shares traded. The stock had previously closed at $75.40.

Vanguard Total Corporate Bond ETF Stock Up 0.4%

The business has a 50 day moving average of $76.10 and a 200-day moving average of $76.83.

Vanguard Total Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a $0.3262 dividend. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. This is a positive change from Vanguard Total Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date of this dividend was Monday, August 3rd.

Institutional Trading of Vanguard Total Corporate Bond ETF

A number of large investors have recently made changes to their positions in VTC. Waverly Advisors LLC acquired a new position in Vanguard Total Corporate Bond ETF in the 1st quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Vanguard Total Corporate Bond ETF during the 4th quarter worth about $39,000. Ascentis Independent Advisors acquired a new stake in shares of Vanguard Total Corporate Bond ETF during the 1st quarter worth about $49,000. Trust Co. of Vermont purchased a new stake in shares of Vanguard Total Corporate Bond ETF during the second quarter worth about $127,000. Finally, Winthrop Capital Management LLC raised its position in shares of 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 valued at $171,000 after buying an additional 225 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.