Corient Private Wealth LLC Takes Position in Vanguard Total Corporate Bond ETF $VTC

Corient Private Wealth LLC acquired a new stake in shares of Vanguard Total Corporate Bond ETF (NASDAQ:VTC) during the second quarter, HoldingsChannel reports. The fund acquired 37,803 shares of the company’s stock, valued at approximately $2,923,000.

Several other institutional investors also recently bought and sold shares of VTC. Osaic Holdings Inc. lifted its holdings in Vanguard Total Corporate Bond ETF by 37.9% during the second quarter. Osaic Holdings Inc. now owns 27,546 shares of the company’s stock worth $2,131,000 after buying an additional 7,572 shares during the period. Advisory Services Network LLC bought a new position in shares of Vanguard Total Corporate Bond ETF in the 2nd quarter worth $520,000. MML Investors Services LLC lifted its stake in shares of Vanguard Total Corporate Bond ETF by 63.6% during the 2nd quarter. MML Investors Services LLC now owns 269,456 shares of the company’s stock worth $20,837,000 after purchasing an additional 104,760 shares during the last quarter. Bank of America Corp DE boosted its position in Vanguard Total Corporate Bond ETF by 4.7% during the second quarter. Bank of America Corp DE now owns 499,380 shares of the company’s stock valued at $38,617,000 after purchasing an additional 22,560 shares in the last quarter. Finally, Betterment LLC boosted its position in Vanguard Total Corporate Bond ETF by 9.7% during the second quarter. Betterment LLC now owns 4,798 shares of the company’s stock valued at $371,000 after purchasing an additional 426 shares in the last quarter.

Vanguard Total Corporate Bond ETF Trading Down 0.0%

Shares of Vanguard Total Corporate Bond ETF stock opened at $77.55 on Tuesday. The company has a 50-day simple moving average of $78.21 and a two-hundred day simple moving average of $77.66. Vanguard Total Corporate Bond ETF has a one year low of $73.79 and a one year high of $79.24.

Vanguard Total Corporate Bond ETF Cuts Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, December 3rd. Investors of record on Monday, December 1st were given a dividend of $0.3079 per share. The ex-dividend date of this dividend was Monday, December 1st. This represents a c) dividend on an annualized basis and a yield of 4.8%.

About Vanguard Total Corporate Bond ETF

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.