Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Strong Trading Volume

Shares of Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw strong trading volume on Monday . 47,953 shares were traded during mid-day trading, an increase of 15% from the previous session’s volume of 41,787 shares.The stock last traded at $77.35 and had previously closed at $77.30.

Vanguard Total Corporate Bond Fund Price Performance

The firm’s 50 day moving average price is $76.47 and its 200-day moving average price is $75.98.

Vanguard Total Corporate Bond Fund Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, August 5th. Stockholders of record on Thursday, August 1st were paid a $0.279 dividend. This represents a $3.35 annualized dividend and a dividend yield of 4.28%. The ex-dividend date was Thursday, August 1st.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Mather Group LLC. raised its holdings in 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 worth $350,000 after buying an additional 957 shares during the period. Kestra Private Wealth Services LLC raised its holdings in 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 buying an additional 288 shares during the period. Envestnet Portfolio Solutions Inc. raised its holdings in Vanguard Total Corporate Bond Fund by 1.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 209,305 shares of the company’s stock worth $16,219,000 after buying an additional 3,289 shares during the period. International Assets Investment Management LLC raised its holdings in Vanguard Total Corporate Bond Fund by 3,045.6% during the 4th quarter. International Assets Investment Management LLC now owns 31,771 shares of the company’s stock worth $2,462,000 after buying an additional 30,761 shares during the period. Finally, Bfsg LLC raised its holdings in Vanguard Total Corporate Bond Fund by 12.8% during the 1st quarter. Bfsg LLC now owns 26,207 shares of the company’s stock worth $2,008,000 after buying an additional 2,983 shares during the period.

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.