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

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw unusually-high trading volume on Monday . Approximately 533,146 shares changed hands during trading, an increase of 831% from the previous session’s volume of 57,250 shares.The stock last traded at $75.80 and had previously closed at $76.08.

Vanguard Total Corporate Bond Fund Trading Down 0.2 %

The firm has a 50-day simple moving average of $76.29 and a 200-day simple moving average of $77.32.

Vanguard Total Corporate Bond Fund Cuts Dividend

The company also recently declared a dividend, which will be paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd will be given a dividend of $0.3019 per share. The ex-dividend date is Monday, February 3rd.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

Institutional investors and hedge funds have recently bought and sold shares of the company. Mill Creek Capital Advisors LLC boosted its position in shares of Vanguard Total Corporate Bond Fund by 0.8% in the 3rd quarter. Mill Creek Capital Advisors LLC now owns 912,675 shares of the company’s stock worth $72,375,000 after purchasing an additional 6,844 shares in the last quarter. Harbour Investments Inc. raised its stake in Vanguard Total Corporate Bond Fund by 4.7% in the third quarter. Harbour Investments Inc. now owns 12,946 shares of the company’s stock valued at $1,027,000 after buying an additional 583 shares during the last quarter. Savvy Advisors Inc. boosted its holdings in Vanguard Total Corporate Bond Fund by 21.9% in the third quarter. Savvy Advisors Inc. now owns 9,762 shares of the company’s stock worth $774,000 after acquiring an additional 1,757 shares in the last quarter. Addison Advisors LLC acquired a new position in shares of Vanguard Total Corporate Bond Fund during the third quarter valued at about $334,000. Finally, Axxcess Wealth Management LLC raised its position in shares of Vanguard Total Corporate Bond Fund by 2.4% in the 3rd quarter. Axxcess Wealth Management LLC now owns 711,694 shares of the company’s stock valued at $56,437,000 after purchasing an additional 16,906 shares during the last quarter.

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.