Savvy Advisors Inc. Trims Holdings in Vanguard Total Corporate Bond ETF $VTC

Savvy Advisors Inc. lowered its stake in shares of Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 1.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,257 shares of the company’s stock after selling 137 shares during the quarter. Savvy Advisors Inc. owned about 0.06% of Vanguard Total Corporate Bond ETF worth $716,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VTC. Valpey Financial Services LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF during the 2nd quarter valued at about $2,674,000. Integrated Wealth Concepts LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF during the 1st quarter valued at about $2,121,000. CreativeOne Wealth LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF during the 1st quarter valued at about $1,839,000. Mill Creek Capital Advisors LLC increased its stake in shares of Vanguard Total Corporate Bond ETF by 2.1% during the 1st quarter. Mill Creek Capital Advisors LLC now owns 936,213 shares of the company’s stock valued at $71,901,000 after acquiring an additional 19,589 shares during the last quarter. Finally, Titleist Asset Management LLC increased its stake in shares of Vanguard Total Corporate Bond ETF by 49.3% during the 1st quarter. Titleist Asset Management LLC now owns 58,344 shares of the company’s stock valued at $4,481,000 after acquiring an additional 19,269 shares during the last quarter.

Vanguard Total Corporate Bond ETF Stock Down 0.3%

NASDAQ VTC opened at $78.29 on Friday. Vanguard Total Corporate Bond ETF has a 12 month low of $73.79 and a 12 month high of $79.24. The company has a 50-day moving average of $78.37 and a 200-day moving average of $77.09.

Vanguard Total Corporate Bond ETF Cuts Dividend

The firm also recently announced a monthly dividend, which was paid on Friday, October 3rd. Investors of record on Wednesday, October 1st were given a dividend of $0.3076 per share. This represents a c) dividend on an annualized basis and a yield of 4.7%. The ex-dividend date of this dividend was Wednesday, October 1st.

Vanguard Total Corporate Bond ETF 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.