Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Large Volume Increase – Here’s What Happened

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw unusually-strong trading volume on Monday . Approximately 131,790 shares changed hands during trading, an increase of 95% from the previous session’s volume of 67,610 shares.The stock last traded at $77.19 and had previously closed at $77.39.

Vanguard Total Corporate Bond Fund Price Performance

The business has a 50-day moving average of $75.97 and a 200-day moving average of $77.23.

Vanguard Total Corporate Bond Fund Cuts Dividend

The company also recently announced a dividend, which will be paid on Wednesday, March 5th. Stockholders of record on Monday, March 3rd will be issued a $0.2748 dividend. The ex-dividend date of this dividend is Monday, March 3rd.

Institutional Trading of Vanguard Total Corporate Bond Fund

Several institutional investors have recently added to or reduced their stakes in VTC. Nepc LLC raised its holdings in shares of Vanguard Total Corporate Bond Fund by 35.5% in the fourth quarter. Nepc LLC now owns 2,455,525 shares of the company’s stock worth $185,908,000 after buying an additional 642,813 shares during the period. Wedmont Private Capital grew its position in Vanguard Total Corporate Bond Fund by 13.6% in the 4th quarter. Wedmont Private Capital now owns 919,993 shares of the company’s stock valued at $68,917,000 after acquiring an additional 110,469 shares during the last quarter. Mill Creek Capital Advisors LLC increased its stake in Vanguard Total Corporate Bond Fund by 0.4% in the fourth quarter. Mill Creek Capital Advisors LLC now owns 916,624 shares of the company’s stock worth $69,398,000 after purchasing an additional 3,949 shares during the period. Capital Asset Advisory Services LLC lifted its position in shares of Vanguard Total Corporate Bond Fund by 1.0% during the fourth quarter. Capital Asset Advisory Services LLC now owns 722,809 shares of the company’s stock worth $54,644,000 after purchasing an additional 6,982 shares during the last quarter. Finally, Axxcess Wealth Management LLC boosted its stake in shares of Vanguard Total Corporate Bond Fund by 1.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 718,891 shares of the company’s stock valued at $54,427,000 after purchasing an additional 7,197 shares during the period.

Vanguard Total Corporate Bond Fund 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.