Bonds

Vanguard Total Corporate Bond Fund (NASDAQ:VTC) Experiences Significant Increase in Trading Volume

Published January 2, 2025

The Vanguard Total Corporate Bond Fund (NASDAQ:VTC) has recently seen a notable surge in its trading volume. On Thursday, a total of 69,814 shares were traded, marking a substantial 52% increase compared to the previous day's volume of 46,005 shares. At the close of trading, the stock was priced at $75.98, slightly up from its previous close of $75.71.

Recent Performance of Vanguard Total Corporate Bond Fund

Despite the increase in trading activity, the share price of Vanguard Total Corporate Bond Fund has shown a minor decline of 0.1%. The fund's 50-day moving average stands at $76.84, while its 200-day moving average is $77.40, indicating a generally stable price trend over the longer-term period.

Dividend Update for Vanguard Total Corporate Bond Fund

In addition to the volume movement, Vanguard Total Corporate Bond Fund also announced an increase in its dividend. This new dividend was declared recently and was scheduled to be paid on December 27th. Shareholders of record, as of December 24th, received a dividend of $0.3097, which is an increase from the previous dividend of $0.26. The ex-dividend date was also set for December 24th.

Institutional Investors Show Interest in Vanguard Total Corporate Bond Fund

There have been recent movements among institutional investors regarding their holdings in Vanguard Total Corporate Bond Fund. For instance, International Assets Investment Management LLC acquired a new position in the fund worth around $31,000 during the second quarter. Breakwater Investment Management also took a stake valued at $187,000 in the same period. Furthermore, Commonwealth Equity Services LLC increased its holdings by 21.9%, owning a total of 3,215 shares valued at $243,000 after adding an additional 577 shares. Additionally, Addison Advisors LLC and Hilltop Holdings Inc. made new investments in the fund, with values of approximately $334,000 and $438,000, respectively, in the third quarter.

Understanding Vanguard Total Corporate Bond Fund

The Vanguard Total Corporate Bond ETF (VTC) is designed to track the Bloomberg U.S. Corporate Bond index. As an exchange-traded fund, it provides investors with access to a range of investment-grade U.S. corporate bonds, offering broad exposure to different maturities. This fund was launched on November 7, 2017, and is managed by Vanguard, a well-known investment management firm.

Is Now a Good Time to Invest?

Before making any investment decisions regarding Vanguard Total Corporate Bond Fund, potential investors may want to consider various factors. While the current market analysis shows a "Hold" rating among analysts, there may be other investment opportunities recommended by top-rated analysts that could be more appealing.

Investing always carries risks, and it is recommended to do thorough research or consult with a financial advisor before proceeding.

Vanguard, Bonds, ETF