Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Sets New 52-Week Low – Should You Sell?

Vanguard Total Corporate Bond ETF (NASDAQ:VTCGet Free Report) shares reached a new 52-week low on Monday . The stock traded as low as $75.61 and last traded at $75.61, with a volume of 58930 shares. The stock had previously closed at $75.91.

Vanguard Total Corporate Bond ETF Trading Down 0.4%

The business has a fifty day simple moving average of $76.58 and a 200 day simple moving average of $77.19.

Vanguard Total Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Monday, July 6th. Investors of record on Wednesday, July 1st were given a $0.316 dividend. This represents a c) annualized dividend and a yield of 5.0%. The ex-dividend date was Wednesday, July 1st.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in VTC. Waverly Advisors LLC acquired a new stake in Vanguard Total Corporate Bond ETF during the first quarter valued at approximately $26,000. Flagship Harbor Advisors LLC bought a new position in shares of Vanguard Total Corporate Bond ETF in the fourth quarter valued at $39,000. Ascentis Independent Advisors acquired a new stake in shares of Vanguard Total Corporate Bond ETF during the 1st quarter valued at $49,000. Winthrop Capital Management LLC boosted its stake in shares of Vanguard Total Corporate Bond ETF by 11.4% during the 4th quarter. Winthrop Capital Management LLC now owns 2,200 shares of the company’s stock worth $171,000 after acquiring an additional 225 shares in the last quarter. Finally, IFP Advisors Inc acquired a new position in shares of Vanguard Total Corporate Bond ETF in the 4th quarter worth $203,000.

About Vanguard Total Corporate Bond ETF

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Vanguard Total Corporate Bond ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vanguard Total Corporate Bond ETF and related companies with MarketBeat.com's FREE daily email newsletter.