Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Reaches New 52-Week High at $77.89

Vanguard Total Corporate Bond Fund (NASDAQ:VTC)’s share price reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $77.89 and last traded at $77.89, with a volume of 33617 shares changing hands. The stock had previously closed at $77.17.

Vanguard Total Corporate Bond Fund Stock Performance

The business’s 50 day moving average is $76.12 and its two-hundred day moving average is $75.94.

Vanguard Total Corporate Bond Fund Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Monday, August 5th. Stockholders of record on Thursday, August 1st will be paid a $0.279 dividend. The ex-dividend date is Thursday, August 1st. This represents a $3.35 annualized dividend and a dividend yield of 4.30%.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

A number of institutional investors and hedge funds have recently made changes to their positions in VTC. Kestra Private Wealth Services LLC increased its stake 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 worth $1,873,000 after purchasing an additional 288 shares during the last quarter. Altfest L J & Co. Inc. grew its stake 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 worth $355,000 after acquiring an additional 356 shares during the period. Bay Harbor Wealth Management LLC purchased a new stake in Vanguard Total Corporate Bond Fund in the 1st quarter worth about $31,000. International Assets Investment Management LLC bought a new stake in Vanguard Total Corporate Bond Fund in the 2nd quarter valued at about $31,000. Finally, Bfsg LLC lifted its holdings in Vanguard Total Corporate Bond Fund by 1.8% during the fourth quarter. Bfsg LLC now owns 23,224 shares of the company’s stock valued at $1,800,000 after purchasing an additional 416 shares during the last quarter.

About Vanguard Total Corporate Bond Fund

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.