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

Shares of Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw unusually-high trading volume on Friday . Approximately 53,900 shares were traded during mid-day trading, an increase of 15% from the previous session’s volume of 46,957 shares.The stock last traded at $74.57 and had previously closed at $74.29.

Vanguard Total Corporate Bond Fund Stock Performance

The stock’s 50-day moving average price is $75.75 and its two-hundred day moving average price is $75.20.

Vanguard Total Corporate Bond Fund Increases Dividend

The company also recently disclosed a monthly dividend, which was paid on Thursday, April 4th. Investors of record on Tuesday, April 2nd were paid a $0.2776 dividend. This is a boost from Vanguard Total Corporate Bond Fund’s previous monthly dividend of $0.26. This represents a $3.33 dividend on an annualized basis and a yield of 4.47%. The ex-dividend date of this dividend was Monday, April 1st.

Institutional Investors Weigh In On Vanguard Total Corporate Bond Fund

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bay Harbor Wealth Management LLC bought a new position in shares of Vanguard Total Corporate Bond Fund in the first quarter valued at approximately $31,000. Allworth Financial LP bought a new stake in Vanguard Total Corporate Bond Fund during the third quarter valued at $34,000. NBC Securities Inc. purchased a new position in Vanguard Total Corporate Bond Fund during the third quarter worth about $34,000. Redmont Wealth Advisors LLC bought a new position in Vanguard Total Corporate Bond Fund in the 1st quarter worth about $57,000. Finally, Planned Solutions Inc. purchased a new position in shares of Vanguard Total Corporate Bond Fund during the fourth quarter worth about $115,000.

About Vanguard Total Corporate Bond Fund

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.