Vanguard Total Corporate Bond ETF $VTC Shares Acquired by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC lifted its stake in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 6.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 772,526 shares of the company’s stock after purchasing an additional 46,288 shares during the period. Vanguard Total Corporate Bond ETF comprises about 0.7% of Axxcess Wealth Management LLC’s holdings, making the stock its 21st largest holding. Axxcess Wealth Management LLC’s holdings in Vanguard Total Corporate Bond ETF were worth $59,979,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VTC. Valpey Financial Services LLC raised its position in Vanguard Total Corporate Bond ETF by 7,873.0% in the 4th quarter. Valpey Financial Services LLC now owns 2,875,950 shares of the company’s stock valued at $223,289,000 after purchasing an additional 2,839,879 shares in the last quarter. Nepc LLC boosted its stake in shares of Vanguard Total Corporate Bond ETF by 43.9% in the 4th quarter. Nepc LLC now owns 3,533,516 shares of the company’s stock valued at $274,342,000 after buying an additional 1,077,991 shares during the period. North Dakota State Investment Board acquired a new position in shares of Vanguard Total Corporate Bond ETF during the fourth quarter worth about $28,173,000. Beacon Pointe Advisors LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF during the fourth quarter worth about $11,659,000. Finally, Warwick Investment Management Inc. grew its position in shares of Vanguard Total Corporate Bond ETF by 158.4% during the fourth quarter. Warwick Investment Management Inc. now owns 234,347 shares of the company’s stock worth $18,195,000 after buying an additional 143,662 shares in the last quarter.

Vanguard Total Corporate Bond ETF Stock Performance

VTC stock opened at $76.80 on Friday. The company’s 50 day moving average price is $76.76 and its 200 day moving average price is $77.33. Vanguard Total Corporate Bond ETF has a fifty-two week low of $75.62 and a fifty-two week high of $79.24.

Vanguard Total Corporate Bond ETF Increases Dividend

The company also recently declared a monthly dividend, which was paid on Wednesday, June 3rd. Shareholders of record on Monday, June 1st were issued a dividend of $0.319 per share. This is a boost from Vanguard Total Corporate Bond ETF’s previous monthly dividend of $0.31. The ex-dividend date was Monday, June 1st. This represents a c) annualized dividend and a yield of 5.0%.

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.