Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Sees Unusually-High Trading Volume – What’s Next?

Shares of Vanguard Total Corporate Bond ETF (NASDAQ:VTC) saw unusually-high trading volume on Monday . Approximately 219,859 shares traded hands during mid-day trading, an increase of 185% from the previous session’s volume of 77,023 shares.The stock last traded at $77.9310 and had previously closed at $78.59.

Vanguard Total Corporate Bond ETF Stock Down 0.9%

The firm’s 50 day simple moving average is $78.36 and its 200 day simple moving average is $77.43.

Vanguard Total Corporate Bond ETF Cuts Dividend

The business also recently disclosed a monthly dividend, which will be paid on Wednesday, December 3rd. Investors of record on Monday, December 1st will be paid a dividend of $0.3079 per share. This represents a c) dividend on an annualized basis and a dividend yield of 4.7%. The ex-dividend date is Monday, December 1st.

Hedge Funds Weigh In On Vanguard Total Corporate Bond ETF

Several hedge funds have recently modified their holdings of VTC. Chicago Partners Investment Group LLC lifted its holdings in shares of Vanguard Total Corporate Bond ETF by 0.8% in the first quarter. Chicago Partners Investment Group LLC now owns 19,333 shares of the company’s stock valued at $1,468,000 after purchasing an additional 151 shares in the last quarter. Savvy Advisors Inc. raised its position in Vanguard Total Corporate Bond ETF by 1.8% during the third quarter. Savvy Advisors Inc. now owns 9,420 shares of the company’s stock valued at $738,000 after buying an additional 163 shares during the period. Topsail Wealth Management LLC grew its stake in Vanguard Total Corporate Bond ETF by 1.2% during the 3rd quarter. Topsail Wealth Management LLC now owns 14,606 shares of the company’s stock valued at $1,145,000 after acquiring an additional 179 shares in the last quarter. Altfest L J & Co. Inc. increased its holdings in shares of Vanguard Total Corporate Bond ETF by 4.0% in the 3rd quarter. Altfest L J & Co. Inc. now owns 4,842 shares of the company’s stock valued at $380,000 after purchasing an additional 188 shares during the period. Finally, Breakwater Investment Management lifted its position in shares of Vanguard Total Corporate Bond ETF by 1.4% in the third quarter. Breakwater Investment Management now owns 14,600 shares of the company’s stock worth $1,144,000 after purchasing an additional 200 shares in the last quarter.

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.