Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Sees Unusually-High Trading Volume – Time to Buy?

Shares of Vanguard Total Corporate Bond ETF (NASDAQ:VTC) saw unusually-high trading volume on Monday . Approximately 205,906 shares traded hands during trading, an increase of 167% from the previous session’s volume of 77,134 shares.The stock last traded at $77.7950 and had previously closed at $78.29.

Vanguard Total Corporate Bond ETF Stock Down 0.6%

The stock’s fifty day simple moving average is $78.37 and its 200-day simple moving average is $77.11.

Vanguard Total Corporate Bond ETF Increases Dividend

The firm also recently declared a monthly dividend, which will be paid on Wednesday, November 5th. Shareholders of record on Monday, November 3rd will be given a $0.3201 dividend. This represents a c) annualized dividend and a yield of 4.9%. This is a positive change from Vanguard Total Corporate Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date is Monday, November 3rd.

Institutional Investors Weigh In On Vanguard Total Corporate Bond ETF

Several institutional investors and hedge funds have recently modified their holdings of VTC. AdvisorNet Financial Inc bought a new position in Vanguard Total Corporate Bond ETF in the 3rd quarter worth $31,000. Ameritas Advisory Services LLC bought a new position in shares of Vanguard Total Corporate Bond ETF during the 2nd quarter worth about $62,000. Mather Group LLC. bought a new position in shares of Vanguard Total Corporate Bond ETF during the 3rd quarter worth about $131,000. Christopher J. Hasenberg Inc bought a new position in shares of Vanguard Total Corporate Bond ETF during the 2nd quarter worth about $138,000. Finally, Winthrop Capital Management LLC boosted its position in shares of Vanguard Total Corporate Bond ETF by 11.9% during the 1st quarter. Winthrop Capital Management LLC now owns 2,031 shares of the company’s stock valued at $156,000 after acquiring an additional 216 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.