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 Tuesday . 227,940 shares were traded during trading, an increase of 419% from the previous session’s volume of 43,933 shares.The stock last traded at $78.18 and had previously closed at $77.89.

Vanguard Total Corporate Bond Fund Trading Up 0.4 %

The company has a fifty day simple moving average of $77.19 and a two-hundred day simple moving average of $76.20.

Vanguard Total Corporate Bond Fund Increases Dividend

The business also recently announced a monthly dividend, which will be paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd will be given a dividend of $0.293 per share. The ex-dividend date of this dividend is Tuesday, September 3rd. This represents a $3.52 dividend on an annualized basis and a yield of 4.46%. This is a boost from Vanguard Total Corporate Bond Fund’s previous monthly dividend of $0.28.

Institutional Investors Weigh In On Vanguard Total Corporate Bond Fund

A number of hedge funds have recently bought and sold shares of the company. Nepc LLC boosted its stake in Vanguard Total Corporate Bond Fund by 66.7% during the 1st quarter. Nepc LLC now owns 1,759,073 shares of the company’s stock valued at $134,780,000 after purchasing an additional 703,638 shares during the period. Mill Creek Capital Advisors LLC boosted its position in shares of Vanguard Total Corporate Bond Fund by 2.1% in the second quarter. Mill Creek Capital Advisors LLC now owns 905,831 shares of the company’s stock valued at $68,571,000 after acquiring an additional 18,806 shares during the period. Wedmont Private Capital grew its stake in shares of Vanguard Total Corporate Bond Fund by 12.6% in the second quarter. Wedmont Private Capital now owns 728,836 shares of the company’s stock worth $56,011,000 after acquiring an additional 81,387 shares during the last quarter. Axxcess Wealth Management LLC increased its position in Vanguard Total Corporate Bond Fund by 0.8% during the second quarter. Axxcess Wealth Management LLC now owns 694,788 shares of the company’s stock worth $52,595,000 after acquiring an additional 5,817 shares during the period. Finally, Capital Asset Advisory Services LLC increased its position in Vanguard Total Corporate Bond Fund by 3.0% during the first quarter. Capital Asset Advisory Services LLC now owns 692,307 shares of the company’s stock worth $52,318,000 after acquiring an additional 20,253 shares during the period.

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.