Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Increases Dividend to $0.32 Per Share

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) announced a monthly dividend on Monday, March 30th, NASDAQ Dividends reports. Shareholders of record on Wednesday, April 1st will be paid a dividend of 0.3227 per share on Monday, April 6th. This represents a c) annualized dividend and a yield of 5.1%. The ex-dividend date of this dividend is Wednesday, April 1st. This is a 10.8% increase from Vanguard Total Corporate Bond ETF’s previous monthly dividend of $0.29.

Vanguard Total Corporate Bond ETF Trading Down 0.4%

Shares of Vanguard Total Corporate Bond ETF stock traded down $0.28 during trading on Wednesday, hitting $76.55. 60,512 shares of the company’s stock were exchanged, compared to its average volume of 126,013. The business has a 50-day simple moving average of $77.61 and a 200-day simple moving average of $77.97. Vanguard Total Corporate Bond ETF has a 52-week low of $73.79 and a 52-week high of $79.24.

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.