NewEdge Advisors LLC Acquires 7,149 Shares of Vanguard Total Corporate Bond ETF $VTC

NewEdge Advisors LLC boosted its holdings in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 263.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,864 shares of the company’s stock after buying an additional 7,149 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Total Corporate Bond ETF were worth $758,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Kelsey Financial LLC acquired a new position in Vanguard Total Corporate Bond ETF during the 4th quarter valued at $795,000. Marble Wealth LLC acquired a new stake in Vanguard Total Corporate Bond ETF in the 4th quarter worth $3,794,000. North Dakota State Investment Board acquired a new stake in Vanguard Total Corporate Bond ETF in the 4th quarter worth $28,173,000. Mill Creek Capital Advisors LLC increased its holdings in shares of Vanguard Total Corporate Bond ETF by 4.5% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 913,233 shares of the company’s stock worth $70,903,000 after purchasing an additional 39,603 shares during the period. Finally, Axxcess Wealth Management LLC increased its holdings in shares of Vanguard Total Corporate Bond ETF by 6.4% during the 4th quarter. Axxcess Wealth Management LLC now owns 772,526 shares of the company’s stock worth $59,979,000 after purchasing an additional 46,288 shares during the period.

Vanguard Total Corporate Bond ETF Price Performance

Shares of VTC opened at $75.25 on Monday. The company has a 50-day simple moving average of $76.30 and a 200-day simple moving average of $76.96. Vanguard Total Corporate Bond ETF has a 52 week low of $75.13 and a 52 week high of $79.24.

Vanguard Total Corporate Bond ETF Cuts Dividend

The company also recently declared a monthly dividend, which was paid on Monday, July 6th. Shareholders of record on Wednesday, July 1st were issued a $0.316 dividend. The ex-dividend date of this dividend was Wednesday, July 1st. This represents a c) annualized dividend and a yield of 5.0%.

About Vanguard Total Corporate Bond ETF

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.