Wealthstar Advisors LLC Trims Position in Vanguard Total Corporate Bond ETF $VTC

Wealthstar Advisors LLC trimmed its holdings in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 93.2% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 6,055 shares of the company’s stock after selling 82,700 shares during the quarter. Wealthstar Advisors LLC’s holdings in Vanguard Total Corporate Bond ETF were worth $470,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Chicago Partners Investment Group LLC increased its stake in shares of Vanguard Total Corporate Bond ETF by 31.1% during the fourth quarter. Chicago Partners Investment Group LLC now owns 25,866 shares of the company’s stock worth $2,018,000 after acquiring an additional 6,132 shares during the period. TD Waterhouse Canada Inc. increased its stake in shares of Vanguard Total Corporate Bond ETF by 2.9% during the fourth quarter. TD Waterhouse Canada Inc. now owns 34,915 shares of the company’s stock worth $2,710,000 after acquiring an additional 980 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Vanguard Total Corporate Bond ETF by 17.5% during the fourth quarter. Farther Finance Advisors LLC now owns 4,912 shares of the company’s stock worth $381,000 after acquiring an additional 732 shares during the period. Kelsey Financial LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF during the fourth quarter worth about $795,000. Finally, Bfsg LLC increased its stake in shares of Vanguard Total Corporate Bond ETF by 2.0% during the fourth quarter. Bfsg LLC now owns 32,326 shares of the company’s stock worth $2,510,000 after acquiring an additional 640 shares during the period.

Vanguard Total Corporate Bond ETF Trading Down 0.2%

Shares of Vanguard Total Corporate Bond ETF stock opened at $77.05 on Tuesday. Vanguard Total Corporate Bond ETF has a 52-week low of $74.91 and a 52-week high of $79.24. The company’s 50-day simple moving average is $77.28 and its 200-day simple moving average is $77.79.

Vanguard Total Corporate Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, April 6th. Shareholders of record on Wednesday, April 1st were issued a $0.3227 dividend. This represents a c) dividend on an annualized basis and a yield of 5.0%. This is an increase from Vanguard Total Corporate Bond ETF’s previous monthly dividend of $0.29. The ex-dividend date of this dividend was Wednesday, April 1st.

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.