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

Posted by Andrew Walz on Aug 24th, 2024

Vanguard Total Corporate Bond Fund (NASDAQ:VTC – Get Free Report) saw an uptick in trading volume on Wednesday . 112,112 shares traded hands during trading, an increase of 160% from the previous session’s volume of 43,200 shares.The stock last traded at $78.70 and had previously closed at $78.49.

Vanguard Total Corporate Bond Fund Stock Performance

The firm’s 50-day simple moving average is $76.80 and its two-hundred day simple moving average is $76.05.

Vanguard Total Corporate Bond Fund Cuts Dividend

The business also recently declared a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were issued a dividend of $0.279 per share. This represents a $3.35 annualized dividend and a dividend yield of 4.25%. The ex-dividend date was Thursday, August 1st.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

Institutional investors and hedge funds have recently modified their holdings of the stock. Mather Group LLC. grew its holdings in shares of Vanguard Total Corporate Bond Fund by 26.9% during the 4th quarter. Mather Group LLC. now owns 4,520 shares of the company’s stock valued at $350,000 after acquiring an additional 957 shares in the last quarter. Kestra Private Wealth Services LLC grew its holdings in shares of Vanguard Total Corporate Bond Fund by 1.2% during the 4th quarter. Kestra Private Wealth Services LLC now owns 24,175 shares of the company’s stock valued at $1,873,000 after acquiring an additional 288 shares in the last quarter. Atria Wealth Solutions Inc. grew its holdings in shares of Vanguard Total Corporate Bond Fund by 2.3% during the 4th quarter. Atria Wealth Solutions Inc. now owns 41,254 shares of the company’s stock valued at $3,197,000 after acquiring an additional 929 shares in the last quarter. Altfest L J & Co. Inc. grew its holdings in shares of Vanguard Total Corporate Bond Fund by 8.3% during the 1st quarter. Altfest L J & Co. Inc. now owns 4,633 shares of the company’s stock valued at $355,000 after acquiring an additional 356 shares in the last quarter. Finally, Bay Harbor Wealth Management LLC purchased a new position in shares of Vanguard Total Corporate Bond Fund during the 1st quarter valued at $31,000.

About Vanguard Total Corporate Bond Fund

(Get Free Report)

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.