Leo Wealth LLC Makes New $419,000 Investment in Vanguard Total Corporate Bond ETF $VTC

Leo Wealth LLC purchased a new position in shares of Vanguard Total Corporate Bond ETF (NASDAQ:VTC) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 5,415 shares of the company’s stock, valued at approximately $419,000.

Other institutional investors have also recently added to or reduced their stakes in the company. NBC Securities Inc. purchased a new position in shares of Vanguard Total Corporate Bond ETF in the first quarter valued at $36,000. Farther Finance Advisors LLC purchased a new position in Vanguard Total Corporate Bond ETF in the 1st quarter valued at about $319,000. Bfsg LLC grew its stake in shares of Vanguard Total Corporate Bond ETF by 12.3% during the first quarter. Bfsg LLC now owns 30,922 shares of the company’s stock valued at $2,375,000 after acquiring an additional 3,395 shares in the last quarter. PFG Investments LLC grew its stake in shares of Vanguard Total Corporate Bond ETF by 6.3% during the first quarter. PFG Investments LLC now owns 11,606 shares of the company’s stock valued at $891,000 after acquiring an additional 690 shares in the last quarter. Finally, Consolidated Portfolio Review Corp grew its stake in shares of Vanguard Total Corporate Bond ETF by 25.4% during the first quarter. Consolidated Portfolio Review Corp now owns 4,783 shares of the company’s stock valued at $367,000 after acquiring an additional 969 shares in the last quarter.

Vanguard Total Corporate Bond ETF Price Performance

Shares of VTC opened at $78.10 on Friday. Vanguard Total Corporate Bond ETF has a one year low of $73.79 and a one year high of $79.00. The stock has a 50-day moving average price of $77.92 and a 200 day moving average price of $76.77.

Vanguard Total Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were paid a dividend of $0.3076 per share. The ex-dividend date was Wednesday, October 1st. This represents a c) annualized dividend and a yield of 4.7%.

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.