Vanguard Total Corporate Bond ETF (NASDAQ:VTC) to Issue Dividend of $0.31

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) declared a dividend on Wednesday, April 29th, NASDAQ Dividends reports. Investors of record on Friday, May 1st will be given a dividend of 0.3141 per share on Tuesday, May 5th. The ex-dividend date of this dividend is Friday, May 1st.

Vanguard Total Corporate Bond ETF Stock Down 0.2%

Shares of VTC traded down $0.16 during mid-day trading on Friday, hitting $76.66. 63,761 shares of the company were exchanged, compared to its average volume of 120,460. Vanguard Total Corporate Bond ETF has a 1-year low of $74.91 and a 1-year high of $79.24. The company has a 50 day moving average of $77.18 and a 200-day moving average of $77.77.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Kestra Advisory Services LLC raised its position in shares of Vanguard Total Corporate Bond ETF by 141.2% during the 1st quarter. Kestra Advisory Services LLC now owns 9,282 shares of the company’s stock worth $713,000 after purchasing an additional 5,433 shares during the last quarter. Ascentis Independent Advisors purchased a new stake in Vanguard Total Corporate Bond ETF during the 1st quarter valued at about $49,000. PFG Investments LLC grew its stake in Vanguard Total Corporate Bond ETF by 4.0% during the 1st quarter. PFG Investments LLC now owns 10,154 shares of the company’s stock valued at $780,000 after acquiring an additional 388 shares in the last quarter. Private Advisor Group LLC grew its stake in Vanguard Total Corporate Bond ETF by 3.8% during the 1st quarter. Private Advisor Group LLC now owns 29,313 shares of the company’s stock valued at $2,252,000 after acquiring an additional 1,081 shares in the last quarter. Finally, Sound Income Strategies LLC grew its stake in Vanguard Total Corporate Bond ETF by 13.7% during the 1st quarter. Sound Income Strategies LLC now owns 7,102 shares of the company’s stock valued at $544,000 after acquiring an additional 855 shares in the last quarter.

About Vanguard Total Corporate Bond ETF

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.