Mill Creek Capital Advisors LLC Boosts Stake in Vanguard Total Corporate Bond ETF $VTC

Mill Creek Capital Advisors LLC raised its position in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 4.5% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 913,233 shares of the company’s stock after buying an additional 39,603 shares during the period. Vanguard Total Corporate Bond ETF accounts for 1.4% of Mill Creek Capital Advisors LLC’s investment portfolio, making the stock its 13th biggest holding. Mill Creek Capital Advisors LLC owned 4.70% of Vanguard Total Corporate Bond ETF worth $70,903,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Capital Asset Advisory Services LLC increased its stake in shares of Vanguard Total Corporate Bond ETF by 10.9% during the 4th quarter. Capital Asset Advisory Services LLC now owns 805,738 shares of the company’s stock worth $62,711,000 after purchasing an additional 79,178 shares during the last quarter. Kelsey Financial LLC purchased a new stake in shares of Vanguard Total Corporate Bond ETF during the 4th quarter worth approximately $795,000. Axxcess Wealth Management LLC increased its stake in shares of Vanguard Total Corporate Bond ETF by 3.5% during the 3rd quarter. Axxcess Wealth Management LLC now owns 726,238 shares of the company’s stock worth $56,923,000 after purchasing an additional 24,514 shares during the last quarter. OneDigital Investment Advisors LLC purchased a new stake in shares of Vanguard Total Corporate Bond ETF during the 3rd quarter worth approximately $520,000. Finally, North Dakota State Investment Board purchased a new stake in shares of Vanguard Total Corporate Bond ETF during the 4th quarter worth approximately $28,173,000.

Vanguard Total Corporate Bond ETF Stock Performance

Shares of VTC stock opened at $76.75 on Monday. The company has a 50 day moving average of $76.76 and a 200-day moving average of $77.39. Vanguard Total Corporate Bond ETF has a 12-month low of $75.62 and a 12-month high of $79.24.

Vanguard Total Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Stockholders of record on Monday, June 1st were paid a dividend of $0.319 per share. This represents a c) annualized dividend and a dividend yield of 5.0%. The ex-dividend date was Monday, June 1st. This is an increase from Vanguard Total Corporate Bond ETF’s previous monthly dividend of $0.31.

Vanguard Total Corporate Bond ETF 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.