Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Large Volume Increase – Time to Buy?

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) shares saw unusually-strong trading volume on Thursday . Approximately 122,789 shares were traded during trading, an increase of 172% from the previous session’s volume of 45,130 shares.The stock last traded at $75.82 and had previously closed at $76.10.

Vanguard Total Corporate Bond Fund Trading Up 0.3 %

The stock has a fifty day moving average of $77.17 and a 200 day moving average of $77.40.

Vanguard Total Corporate Bond Fund Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, November 1st were paid a $0.30 dividend. The ex-dividend date of this dividend was Friday, November 1st. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.73%. This is a positive change from Vanguard Total Corporate Bond Fund’s previous monthly dividend of $0.28.

Institutional Trading of Vanguard Total Corporate Bond Fund

A number of hedge funds have recently modified their holdings of VTC. Harbour Investments Inc. lifted its stake in shares of Vanguard Total Corporate Bond Fund by 7.6% in the 2nd quarter. Harbour Investments Inc. now owns 12,363 shares of the company’s stock valued at $936,000 after purchasing an additional 876 shares during the period. Ridgewood Investments LLC purchased a new stake in shares of Vanguard Total Corporate Bond Fund during the 2nd quarter worth about $38,000. Bfsg LLC grew its position in shares of Vanguard Total Corporate Bond Fund by 1.8% during the 2nd quarter. Bfsg LLC now owns 26,670 shares of the company’s stock valued at $2,019,000 after acquiring an additional 463 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Vanguard Total Corporate Bond Fund in the 2nd quarter valued at about $31,000. Finally, Commonwealth Equity Services LLC raised its holdings in Vanguard Total Corporate Bond Fund by 21.9% in the 2nd quarter. Commonwealth Equity Services LLC now owns 3,215 shares of the company’s stock worth $243,000 after purchasing an additional 577 shares during the period.

Vanguard Total Corporate Bond Fund 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.