Vanguard Total Corporate Bond ETF $VTC Stake Decreased by Capital Asset Advisory Services LLC

Capital Asset Advisory Services LLC cut its holdings in shares of Vanguard Total Corporate Bond ETF (NASDAQ:VTC) by 11.1% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 716,102 shares of the company’s stock after selling 89,636 shares during the period. Vanguard Total Corporate Bond ETF makes up about 2.0% of Capital Asset Advisory Services LLC’s investment portfolio, making the stock its 15th largest holding. Capital Asset Advisory Services LLC’s holdings in Vanguard Total Corporate Bond ETF were worth $55,433,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in VTC. Oregon Pacific Wealth Management LLC increased its position in Vanguard Total Corporate Bond ETF by 4.7% in the 1st quarter. Oregon Pacific Wealth Management LLC now owns 2,996 shares of the company’s stock valued at $230,000 after acquiring an additional 134 shares during the period. McKinley Carter Wealth Services Inc. boosted its position in Vanguard Total Corporate Bond ETF by 6.6% during the 4th quarter. McKinley Carter Wealth Services Inc. now owns 2,837 shares of the company’s stock worth $220,000 after acquiring an additional 176 shares during the period. Savvy Advisors Inc. grew its stake in shares of Vanguard Total Corporate Bond ETF by 2.1% in the fourth quarter. Savvy Advisors Inc. now owns 9,618 shares of the company’s stock worth $747,000 after purchasing an additional 198 shares in the last quarter. Topsail Wealth Management LLC grew its stake in shares of Vanguard Total Corporate Bond ETF by 1.4% in the fourth quarter. Topsail Wealth Management LLC now owns 14,813 shares of the company’s stock worth $1,150,000 after purchasing an additional 207 shares in the last quarter. Finally, Winthrop Capital Management LLC increased its holdings in shares of Vanguard Total Corporate Bond ETF by 11.4% during the fourth quarter. Winthrop Capital Management LLC now owns 2,200 shares of the company’s stock valued at $171,000 after purchasing an additional 225 shares during the period.

Vanguard Total Corporate Bond ETF Stock Performance

Shares of NASDAQ VTC opened at $76.42 on Thursday. Vanguard Total Corporate Bond ETF has a fifty-two week low of $75.62 and a fifty-two week high of $79.24. The firm’s 50-day simple moving average is $76.70 and its 200 day simple moving average is $77.26.

Vanguard Total Corporate Bond ETF Cuts Dividend

The business also recently announced 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. This represents a c) dividend on an annualized basis and a yield of 5.0%. The ex-dividend date is Wednesday, July 1st.

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.