Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Hits New 1-Year High at $79.92

Shares of Vanguard Total Corporate Bond Fund (NASDAQ:VTC) hit a new 52-week high on Tuesday . The company traded as high as $79.92 and last traded at $79.67, with a volume of 11838 shares trading hands. The stock had previously closed at $79.73.

Vanguard Total Corporate Bond Fund Trading Down 0.3 %

The firm has a 50-day moving average of $77.80 and a two-hundred day moving average of $76.41.

Vanguard Total Corporate Bond Fund Increases Dividend

The business also recently announced a monthly dividend, which was paid on Thursday, September 5th. Shareholders of record on Tuesday, September 3rd were given a $0.293 dividend. This is an increase from Vanguard Total Corporate Bond Fund’s previous monthly dividend of $0.28. The ex-dividend date was Tuesday, September 3rd. This represents a $3.52 dividend on an annualized basis and a yield of 4.43%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. International Assets Investment Management LLC bought a new position in shares of Vanguard Total Corporate Bond Fund in the second quarter worth about $31,000. Ridgewood Investments LLC bought a new stake in Vanguard Total Corporate Bond Fund in the second quarter valued at $38,000. Redmont Wealth Advisors LLC bought a new stake in shares of Vanguard Total Corporate Bond Fund in the 1st quarter worth about $57,000. Richardson Financial Services Inc. acquired a new stake in shares of Vanguard Total Corporate Bond Fund during the first quarter worth approximately $114,000. Finally, Breakwater Investment Management acquired a new stake in Vanguard Total Corporate Bond Fund during the 2nd quarter valued at $187,000.

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.