Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Strong Trading Volume – What’s Next?

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw an uptick in trading volume on Friday . 69,039 shares traded hands during trading, an increase of 26% from the previous session’s volume of 54,875 shares.The stock last traded at $75.73 and had previously closed at $75.94.

Vanguard Total Corporate Bond Fund Stock Down 0.3 %

The company has a 50 day moving average of $76.23 and a 200 day moving average of $76.40.

Vanguard Total Corporate Bond Fund Increases Dividend

The firm also recently announced a dividend, which will be paid on Monday, May 5th. Shareholders of record on Thursday, May 1st will be given a $0.3107 dividend. This is a positive change from Vanguard Total Corporate Bond Fund’s previous dividend of $0.27. The ex-dividend date is Thursday, May 1st.

Institutional Trading of Vanguard Total Corporate Bond Fund

A number of hedge funds have recently made changes to their positions in VTC. NBC Securities Inc. acquired a new position in shares of Vanguard Total Corporate Bond Fund in the 1st quarter worth approximately $36,000. Redmont Wealth Advisors LLC acquired a new stake in shares of Vanguard Total Corporate Bond Fund in the first quarter valued at approximately $57,000. EverSource Wealth Advisors LLC bought a new stake in Vanguard Total Corporate Bond Fund during the 4th quarter valued at $83,000. Creative Financial Designs Inc. ADV increased its holdings in shares of Vanguard Total Corporate Bond Fund by 13.6% during the first quarter. Creative Financial Designs Inc. ADV now owns 1,170 shares of the company’s stock valued at $90,000 after purchasing an additional 140 shares during the period. Finally, Bank of Montreal Can bought a new stake in shares of Vanguard Total Corporate Bond Fund during the fourth quarter valued at about $104,000.

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.