Valpey Financial Services LLC Has $223.29 Million Stock Position in Vanguard Total Corporate Bond ETF $VTC

Valpey Financial Services LLC grew its stake in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 7,873.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,875,950 shares of the company’s stock after purchasing an additional 2,839,879 shares during the quarter. Vanguard Total Corporate Bond ETF comprises approximately 1.2% of Valpey Financial Services LLC’s holdings, making the stock its 24th largest holding. Valpey Financial Services LLC owned 14.82% of Vanguard Total Corporate Bond ETF worth $223,289,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in VTC. Axxcess Wealth Management LLC lifted its holdings in shares of Vanguard Total Corporate Bond ETF by 6.4% in the fourth quarter. Axxcess Wealth Management LLC now owns 772,526 shares of the company’s stock valued at $59,979,000 after purchasing an additional 46,288 shares in the last quarter. IFP Advisors Inc bought a new stake in shares of Vanguard Total Corporate Bond ETF in the fourth quarter valued at about $203,000. McKinley Carter Wealth Services Inc. lifted its holdings in shares of Vanguard Total Corporate Bond ETF by 6.6% in the fourth quarter. McKinley Carter Wealth Services Inc. now owns 2,837 shares of the company’s stock valued at $220,000 after purchasing an additional 176 shares in the last quarter. North Dakota State Investment Board bought a new stake in shares of Vanguard Total Corporate Bond ETF in the fourth quarter valued at about $28,173,000. Finally, Topsail Wealth Management LLC lifted its holdings in shares of Vanguard Total Corporate Bond ETF by 1.4% in the fourth quarter. Topsail Wealth Management LLC now owns 14,813 shares of the company’s stock valued at $1,150,000 after purchasing an additional 207 shares in the last quarter.

Vanguard Total Corporate Bond ETF Stock Up 0.2%

NASDAQ:VTC opened at $76.95 on Friday. The stock’s 50-day simple moving average is $76.74 and its 200 day simple moving average is $77.49. Vanguard Total Corporate Bond ETF has a 52-week low of $75.56 and a 52-week high of $79.24.

Vanguard Total Corporate Bond ETF Announces Dividend

The business also recently announced a monthly dividend, which was paid on Tuesday, May 5th. Investors of record on Friday, May 1st were given a $0.3141 dividend. The ex-dividend date of this dividend was Friday, May 1st. This represents a c) dividend on an annualized basis and a dividend yield of 4.9%.

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.