Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Sees Unusually-High Trading Volume – Here’s Why
by Amy Steele · The Cerbat GemShares of Vanguard Total Corporate Bond ETF (NASDAQ:VTC – Get Free Report) saw unusually-high trading volume on Wednesday . Approximately 389,288 shares changed hands during mid-day trading, an increase of 117% from the previous session’s volume of 179,060 shares.The stock last traded at $78.0290 and had previously closed at $77.97.
Vanguard Total Corporate Bond ETF Price Performance
The company’s 50-day moving average is $77.91 and its two-hundred day moving average is $77.82.
Vanguard Total Corporate Bond ETF Cuts Dividend
The business also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were given a dividend of $0.3079 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) annualized dividend and a dividend yield of 4.7%.
Institutional Investors Weigh In On Vanguard Total Corporate Bond ETF
Institutional investors and hedge funds have recently bought and sold shares of the stock. Osaic Holdings Inc. lifted its holdings in Vanguard Total Corporate Bond ETF by 37.9% during the second quarter. Osaic Holdings Inc. now owns 27,546 shares of the company’s stock worth $2,131,000 after acquiring an additional 7,572 shares during the period. Corient Private Wealth LLC purchased a new stake in shares of Vanguard Total Corporate Bond ETF during the 2nd quarter valued at $2,923,000. Wedmont Private Capital raised its stake in shares of Vanguard Total Corporate Bond ETF by 8.0% during the 3rd quarter. Wedmont Private Capital now owns 1,083,517 shares of the company’s stock worth $84,797,000 after purchasing an additional 80,721 shares during the period. Capital Asset Advisory Services LLC raised its stake in shares of Vanguard Total Corporate Bond ETF by 2.0% during 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. Finally, Ameritas Advisory Services LLC purchased a new position in shares of Vanguard Total Corporate Bond ETF in the 2nd quarter worth about $62,000.
About Vanguard Total Corporate Bond ETF
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.