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

Vanguard Total Corporate Bond ETF (NASDAQ:VTCGet Free Report) shares saw unusually-high trading volume on Monday . Approximately 88,890 shares traded hands during trading, a decline of 23% from the previous session’s volume of 115,525 shares.The stock last traded at $76.51 and had previously closed at $76.53.

Vanguard Total Corporate Bond ETF Stock Performance

The business has a 50 day moving average price of $76.67 and a 200-day moving average price of $77.25.

Vanguard Total Corporate Bond ETF Cuts Dividend

The firm also recently declared a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be paid a $0.316 dividend. The ex-dividend date is Wednesday, July 1st. This represents a c) dividend on an annualized basis and a dividend yield of 5.0%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Waverly Advisors LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF during the 1st quarter worth $26,000. Flagship Harbor Advisors LLC acquired a new stake in shares of Vanguard Total Corporate Bond ETF in the fourth quarter valued at about $39,000. Ascentis Independent Advisors purchased a new stake in Vanguard Total Corporate Bond ETF during the first quarter worth about $49,000. Winthrop Capital Management LLC boosted its holdings in Vanguard Total Corporate Bond ETF by 11.4% during the fourth quarter. Winthrop Capital Management LLC now owns 2,200 shares of the company’s stock worth $171,000 after buying an additional 225 shares in the last quarter. Finally, IFP Advisors Inc purchased a new stake in Vanguard Total Corporate Bond ETF during the fourth quarter worth about $203,000.

About Vanguard Total Corporate Bond ETF

(Get Free Report)

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.

Further Reading

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