Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) shares saw strong trading volume on Monday . 815,294 shares were traded during trading, an increase of 952% from the previous session’s volume of 77,471 shares.The stock last traded at $77.6750 and had previously closed at $77.63.

Vanguard Total Corporate Bond ETF Trading Up 0.1%

The firm has a 50-day moving average of $78.28 and a two-hundred day moving average of $77.59.

Vanguard Total Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Stockholders of record on Monday, December 1st were issued a dividend of $0.3079 per share. This represents a c) annualized dividend and a dividend yield of 4.8%. The ex-dividend date of this dividend was Monday, December 1st.

Institutional Trading of Vanguard Total Corporate Bond ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Raine Group LLC boosted its position in Vanguard Total Corporate Bond ETF by 0.8% during the first quarter. Raine Group LLC now owns 63,295 shares of the company’s stock worth $4,861,000 after purchasing an additional 500 shares in the last quarter. Mill Creek Capital Advisors LLC increased its position in shares of Vanguard Total Corporate Bond ETF by 2.1% in the first quarter. Mill Creek Capital Advisors LLC now owns 936,213 shares of the company’s stock valued at $71,901,000 after buying an additional 19,589 shares in the last quarter. Ameritas Advisory Services LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF during the 2nd quarter worth approximately $62,000. Integrated Wealth Concepts LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF during the 1st quarter worth approximately $2,121,000. Finally, PFG Investments LLC lifted its position in shares of Vanguard Total Corporate Bond ETF by 16.7% during the 2nd quarter. PFG Investments LLC now owns 13,546 shares of the company’s stock valued at $1,048,000 after buying an additional 1,940 shares in the last quarter.

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.