Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Announces Dividend Increase – $0.28 Per Share

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) announced a monthly dividend on Monday, April 29th, Zacks reports. Shareholders of record on Thursday, May 2nd will be paid a dividend of 0.279 per share on Monday, May 6th. This represents a $3.35 annualized dividend and a yield of 4.51%. The ex-dividend date is Wednesday, May 1st. This is a boost from Vanguard Total Corporate Bond Fund’s previous monthly dividend of $0.28.

Vanguard Total Corporate Bond Fund Stock Down 0.2 %

VTC traded down $0.15 during midday trading on Wednesday, hitting $74.24. The stock had a trading volume of 8,667 shares, compared to its average volume of 46,656. The business has a fifty day moving average of $75.63 and a 200 day moving average of $75.29. Vanguard Total Corporate Bond Fund has a 1 year low of $70.30 and a 1 year high of $77.89.

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.