Vanguard Total Corporate Bond ETF $VTC Shares Sold by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC lowered its holdings in Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 11.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 716,102 shares of the company’s stock after selling 89,636 shares during the period. Vanguard Total Corporate Bond ETF comprises about 2.0% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 15th biggest holding. Capital Asset Advisory Services LLC owned about 3.33% of Vanguard Total Corporate Bond ETF worth $55,433,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Valpey Financial Services LLC grew its holdings in shares of Vanguard Total Corporate Bond ETF by 7,873.0% during the fourth 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 during the last quarter. Nepc LLC lifted its holdings 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 worth $274,342,000 after purchasing an additional 1,077,991 shares during the last quarter. North Dakota State Investment Board acquired a new position in Vanguard Total Corporate Bond ETF during the 4th quarter valued at approximately $28,173,000. Beacon Pointe Advisors LLC acquired a new position in Vanguard Total Corporate Bond ETF during the 4th quarter valued at approximately $11,659,000. Finally, Warwick Investment Management Inc. increased its position in Vanguard Total Corporate Bond ETF by 158.4% in 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 during the period.

Vanguard Total Corporate Bond ETF Trading Down 0.5%

VTC stock opened at $76.42 on Thursday. Vanguard Total Corporate Bond ETF has a 1 year low of $75.62 and a 1 year high of $79.24. The stock’s fifty day moving average is $76.70 and its two-hundred day moving average is $77.26.

Vanguard Total Corporate Bond ETF Cuts Dividend

The company also recently disclosed a monthly dividend, which will be paid on Monday, July 6th. Investors of record on Wednesday, July 1st will be given a $0.316 dividend. The ex-dividend date is Wednesday, July 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.