Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Sets New 52-Week Low – Here’s What Happened

Vanguard Total Corporate Bond ETF (NASDAQ:VTC)’s share price hit a new 52-week low on Monday . The stock traded as low as $75.06 and last traded at $75.08, with a volume of 79579 shares trading hands. The stock had previously closed at $75.40.

Vanguard Total Corporate Bond ETF Trading Down 0.4%

The business has a fifty day moving average of $76.16 and a 200-day moving average of $76.87.

Vanguard Total Corporate Bond ETF Increases Dividend

The firm also recently disclosed a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were given a dividend of $0.3262 per share. This is a positive change from Vanguard Total Corporate Bond ETF’s previous monthly dividend of $0.32. The ex-dividend date was Monday, August 3rd. This represents a c) annualized dividend and a dividend yield of 5.2%.

Hedge Funds Weigh In On Vanguard Total Corporate Bond ETF

Several hedge funds have recently made changes to their positions in the business. Trust Co. of Vermont purchased a new stake in shares of Vanguard Total Corporate Bond ETF during the second quarter worth $127,000. Sax Wealth Advisors LLC bought a new position in shares of Vanguard Total Corporate Bond ETF in the second quarter valued at approximately $10,820,000. CoreCap Advisors LLC lifted its stake in shares of Vanguard Total Corporate Bond ETF by 11.1% in the second quarter. CoreCap Advisors LLC now owns 172,305 shares of the company’s stock worth $13,233,000 after buying an additional 17,176 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Vanguard Total Corporate Bond ETF by 263.3% during the 1st quarter. NewEdge Advisors LLC now owns 9,864 shares of the company’s stock worth $758,000 after buying an additional 7,149 shares during the period. Finally, Royal Bank of Canada grew its stake in Vanguard Total Corporate Bond ETF by 1.9% in the 1st quarter. Royal Bank of Canada now owns 112,530 shares of the company’s stock valued at $8,646,000 after buying an additional 2,142 shares during 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.