Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw unusually-high trading volume on Monday . Approximately 131,790 shares changed hands during trading, an increase of 95% from the previous session’s volume of 67,610 shares.The stock last traded at $77.19 and had previously closed at $77.39.

Vanguard Total Corporate Bond Fund Stock Performance

The firm has a 50 day moving average price of $75.97 and a 200 day moving average price of $77.23.

Vanguard Total Corporate Bond Fund Cuts Dividend

The firm also recently announced a dividend, which will be paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd will be given a dividend of $0.2748 per share. The ex-dividend date of this dividend is Monday, March 3rd.

Institutional Investors Weigh In On Vanguard Total Corporate Bond Fund

Large investors have recently modified their holdings of the business. Nepc LLC boosted its stake in shares of Vanguard Total Corporate Bond Fund by 35.5% during the fourth quarter. Nepc LLC now owns 2,455,525 shares of the company’s stock valued at $185,908,000 after purchasing an additional 642,813 shares in the last quarter. Wedmont Private Capital lifted its holdings in Vanguard Total Corporate Bond Fund by 13.6% during the fourth quarter. Wedmont Private Capital now owns 919,993 shares of the company’s stock worth $68,917,000 after buying an additional 110,469 shares during the period. Mill Creek Capital Advisors LLC boosted its position in Vanguard Total Corporate Bond Fund by 0.4% during the 4th quarter. Mill Creek Capital Advisors LLC now owns 916,624 shares of the company’s stock valued at $69,398,000 after acquiring an additional 3,949 shares in the last quarter. Capital Asset Advisory Services LLC increased its holdings in shares of Vanguard Total Corporate Bond Fund by 1.0% in the 4th quarter. Capital Asset Advisory Services LLC now owns 722,809 shares of the company’s stock valued at $54,644,000 after acquiring an additional 6,982 shares during the period. Finally, Axxcess Wealth Management LLC raised its position in shares of Vanguard Total Corporate Bond Fund by 1.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 718,891 shares of the company’s stock worth $54,427,000 after acquiring an additional 7,197 shares in the last quarter.

About Vanguard Total Corporate Bond Fund

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.