Wedmont Private Capital Boosts Stock Position in Vanguard Total Corporate Bond ETF $VTC

Wedmont Private Capital lifted its position in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 8.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,083,517 shares of the company’s stock after acquiring an additional 80,721 shares during the quarter. Vanguard Total Corporate Bond ETF accounts for approximately 3.2% of Wedmont Private Capital’s investment portfolio, making the stock its 7th largest holding. Wedmont Private Capital owned approximately 6.45% of Vanguard Total Corporate Bond ETF worth $84,797,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in VTC. Capital Asset Advisory Services LLC lifted its position in shares of Vanguard Total Corporate Bond ETF by 2.0% in the 3rd quarter. Capital Asset Advisory Services LLC now owns 726,560 shares of the company’s stock worth $56,948,000 after purchasing an additional 14,190 shares during the period. Raine Group LLC increased its holdings in shares of Vanguard Total Corporate Bond ETF by 0.8% in the 1st quarter. Raine Group LLC now owns 63,295 shares of the company’s stock valued at $4,861,000 after acquiring an additional 500 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of Vanguard Total Corporate Bond ETF during the 2nd quarter worth $62,000. Integrated Wealth Concepts LLC bought a new stake in Vanguard Total Corporate Bond ETF during the first quarter valued at about $2,121,000. Finally, PFG Investments LLC lifted its position in shares of Vanguard Total Corporate Bond ETF by 16.7% during the second quarter. PFG Investments LLC now owns 13,546 shares of the company’s stock valued at $1,048,000 after buying an additional 1,940 shares during the last quarter.

Vanguard Total Corporate Bond ETF Stock Performance

NASDAQ:VTC opened at $77.78 on Thursday. The company’s 50-day simple moving average is $78.25 and its 200-day simple moving average is $77.62. Vanguard Total Corporate Bond ETF has a fifty-two week low of $73.79 and a fifty-two week high of $79.24.

Vanguard Total Corporate Bond ETF Cuts Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Shareholders of record on Monday, December 1st were given a dividend of $0.3079 per share. This represents a c) annualized dividend and a yield of 4.8%. The ex-dividend date of this dividend was Monday, December 1st.

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.