Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Sees Unusually-High Trading Volume – Time to Buy?

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) saw an uptick in trading volume on Thursday . 183,364 shares changed hands during mid-day trading, an increase of 183% from the previous session’s volume of 64,700 shares.The stock last traded at $76.24 and had previously closed at $76.17.

Vanguard Total Corporate Bond Fund Stock Up 0.2 %

The company’s fifty day moving average price is $75.91 and its 200 day moving average price is $77.26.

Vanguard Total Corporate Bond Fund Cuts Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, February 5th. Shareholders of record on Monday, February 3rd were paid a $0.3019 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

Institutional Trading of Vanguard Total Corporate Bond Fund

A number of institutional investors and hedge funds have recently modified their holdings of VTC. Private Advisor Group LLC raised its stake in shares of Vanguard Total Corporate Bond Fund by 8.4% during the 3rd quarter. Private Advisor Group LLC now owns 16,603 shares of the company’s stock worth $1,317,000 after purchasing an additional 1,289 shares during the period. Lake Street Advisors Group LLC raised its position in Vanguard Total Corporate Bond Fund by 6.0% in the third quarter. Lake Street Advisors Group LLC now owns 20,225 shares of the company’s stock worth $1,604,000 after acquiring an additional 1,149 shares during the period. PFG Investments LLC purchased a new position in Vanguard Total Corporate Bond Fund in the third quarter valued at about $812,000. Axxcess Wealth Management LLC grew its position in shares of Vanguard Total Corporate Bond Fund by 2.4% during the 3rd quarter. Axxcess Wealth Management LLC now owns 711,694 shares of the company’s stock valued at $56,437,000 after acquiring an additional 16,906 shares during the period. Finally, Addison Advisors LLC bought a new position in shares of Vanguard Total Corporate Bond Fund during the 3rd quarter valued at approximately $334,000.

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.