Sax Wealth Advisors LLC Invests $10.82 Million in Vanguard Total Corporate Bond ETF $VTC

Sax Wealth Advisors LLC acquired a new stake in shares of Vanguard Total Corporate Bond ETF (NASDAQ:VTC) during the second quarter, according to its most recent disclosure with the SEC. The fund acquired 140,829 shares of the company’s stock, valued at approximately $10,820,000. Sax Wealth Advisors LLC owned approximately 0.62% of Vanguard Total Corporate Bond ETF as of its most recent SEC filing.

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

Vanguard Total Corporate Bond ETF Price Performance

Shares of NASDAQ VTC opened at $75.39 on Friday. Vanguard Total Corporate Bond ETF has a 1 year low of $75.06 and a 1 year high of $79.24. The firm has a fifty day moving average price of $76.16 and a 200-day moving average price of $76.88.

Vanguard Total Corporate Bond ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Wednesday, August 5th. Investors of record on Monday, August 3rd were issued a $0.3262 dividend. The ex-dividend date of this dividend was Monday, August 3rd. This represents a c) annualized dividend and a yield of 5.2%. This is an increase from Vanguard Total Corporate Bond ETF’s previous monthly dividend of $0.32.

Vanguard Total Corporate Bond ETF Company 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.