NewEdge Advisors LLC Grows 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 first quarter, HoldingsChannel reports. The fund owned 9,864 shares of the company’s stock after buying an additional 7,149 shares during the quarter. NewEdge Advisors LLC’s holdings in Vanguard Total Corporate Bond ETF were worth $758,000 as of its most recent filing with the SEC.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada increased its stake in shares of Vanguard Total Corporate Bond ETF by 1.9% in the first quarter. Royal Bank of Canada now owns 112,530 shares of the company’s stock worth $8,646,000 after purchasing an additional 2,142 shares in the last quarter. Raine Group LLC lifted its stake in shares of Vanguard Total Corporate Bond ETF by 1.9% during the 1st quarter. Raine Group LLC now owns 39,046 shares of the company’s stock valued at $3,000,000 after buying an additional 715 shares in the last quarter. Waverly Advisors LLC purchased a new stake in shares of Vanguard Total Corporate Bond ETF during the 1st quarter valued at approximately $26,000. Sanctuary Advisors LLC boosted its holdings in Vanguard Total Corporate Bond ETF by 188.2% in the 1st quarter. Sanctuary Advisors LLC now owns 9,875 shares of the company’s stock worth $759,000 after buying an additional 6,448 shares during the period. Finally, Chicago Partners Investment Group LLC boosted its holdings in Vanguard Total Corporate Bond ETF by 1.2% in the 1st quarter. Chicago Partners Investment Group LLC now owns 26,181 shares of the company’s stock worth $2,024,000 after buying an additional 315 shares during the period.

Vanguard Total Corporate Bond ETF Trading Up 0.5%

Vanguard Total Corporate Bond ETF stock opened at $75.42 on Thursday. The firm has a 50 day simple moving average of $75.96 and a 200 day simple moving average of $76.71. Vanguard Total Corporate Bond ETF has a 1-year low of $74.77 and a 1-year high of $79.24.

Vanguard Total Corporate Bond ETF Increases Dividend

The business also recently declared a monthly dividend, which was paid on Wednesday, August 5th. Stockholders of record on Monday, August 3rd were issued a $0.3262 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This is an increase 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%.

Vanguard Total Corporate Bond ETF 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.