NewEdge Advisors LLC Has $758,000 Stock Position in Vanguard Total Corporate Bond ETF $VTC

NewEdge Advisors LLC boosted its position in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 263.3% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,864 shares of the company’s stock after acquiring an additional 7,149 shares during the period. NewEdge Advisors LLC’s holdings in Vanguard Total Corporate Bond ETF were worth $758,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Valpey Financial Services LLC raised its position in shares of Vanguard Total Corporate Bond ETF by 7,873.0% during the fourth quarter. Valpey Financial Services LLC now owns 2,875,950 shares of the company’s stock worth $223,289,000 after purchasing an additional 2,839,879 shares during the period. Nepc LLC lifted its stake in shares of Vanguard Total Corporate Bond ETF by 43.9% in the fourth quarter. Nepc LLC now owns 3,533,516 shares of the company’s stock valued at $274,342,000 after buying an additional 1,077,991 shares in the last quarter. North Dakota State Investment Board acquired a new position in shares of Vanguard Total Corporate Bond ETF during the fourth quarter valued at about $28,173,000. Beacon Pointe Advisors LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF during the fourth quarter valued at about $11,659,000. Finally, Aznar Financial Advisors LLC acquired a new stake in shares of Vanguard Total Corporate Bond ETF in the 4th quarter worth about $10,241,000.

Vanguard Total Corporate Bond ETF Trading Up 0.5%

VTC stock opened at $75.42 on Thursday. The business has a 50-day simple moving average of $75.96 and a two-hundred day simple moving average of $76.71. Vanguard Total Corporate Bond ETF has a 52-week low of $74.77 and a 52-week high of $79.24.

Vanguard Total Corporate Bond ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a $0.3262 dividend. This is a boost from Vanguard Total Corporate Bond ETF’s previous monthly dividend of $0.32. This represents a c) dividend on an annualized basis and a dividend yield of 5.2%. The ex-dividend date was Monday, August 3rd.

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.