Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Large Volume Increase – Time to Buy?

Shares of Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw unusually-high trading volume on Monday . Approximately 149,898 shares were traded during mid-day trading, an increase of 196% from the previous session’s volume of 50,637 shares.The stock last traded at $76.62 and had previously closed at $76.36.

Vanguard Total Corporate Bond Fund Stock Up 0.2 %

The business’s 50 day moving average is $76.19 and its 200 day moving average is $77.08.

Vanguard Total Corporate Bond Fund Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Wednesday, March 5th. Investors of record on Monday, March 3rd were paid a $0.2748 dividend. The ex-dividend date was Monday, March 3rd.

Hedge Funds Weigh In On Vanguard Total Corporate Bond Fund

A number of large investors have recently bought and sold shares of VTC. EverSource Wealth Advisors LLC bought a new position in Vanguard Total Corporate Bond Fund in the fourth quarter worth approximately $83,000. Bank of Montreal Can acquired a new position in shares of Vanguard Total Corporate Bond Fund during the fourth quarter worth $104,000. Vermillion Wealth Management Inc. acquired a new position in shares of Vanguard Total Corporate Bond Fund during the fourth quarter worth $132,000. Trust Co. of Vermont acquired a new position in shares of Vanguard Total Corporate Bond Fund during the fourth quarter worth $159,000. Finally, Canvas Wealth Advisors LLC acquired a new position in shares of Vanguard Total Corporate Bond Fund during the fourth quarter worth $212,000.

About Vanguard Total Corporate Bond Fund

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.