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

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) shares saw unusually-strong trading volume on Monday . Approximately 149,898 shares changed hands during trading, an increase of 196% from the previous session’s volume of 50,637 shares.The stock last traded at $76.62 and had previously closed at $76.36.

Vanguard Total Corporate Bond Fund Stock Performance

The company has a fifty day moving average of $76.15 and a two-hundred day moving average of $77.10.

Vanguard Total Corporate Bond Fund Cuts Dividend

The business also recently disclosed a dividend, which was paid on Wednesday, March 5th. Shareholders of record on Monday, March 3rd were issued a $0.2748 dividend. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

Several hedge funds and other institutional investors have recently added to or reduced their stakes in VTC. EverSource Wealth Advisors LLC acquired a new position in Vanguard Total Corporate Bond Fund in the 4th quarter valued at $83,000. Bank of Montreal Can acquired a new position in shares of Vanguard Total Corporate Bond Fund during the 4th quarter worth $104,000. Vermillion Wealth Management Inc. acquired a new position in shares of Vanguard Total Corporate Bond Fund during the 4th quarter worth $132,000. Trust Co. of Vermont acquired a new position in shares of Vanguard Total Corporate Bond Fund during the 4th quarter worth $159,000. Finally, Canvas Wealth Advisors LLC acquired a new position in shares of Vanguard Total Corporate Bond Fund during the 4th quarter worth $212,000.

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.