Capital Asset Advisory Services disclosed a purchase of 79,178 shares of the Vanguard Total Corporate Bond ETF (NASDAQ:VTC) on January 9. The transaction was valued at an estimated $6.19 million based on the average closing price during the fourth quarter.
The firm's quarter-end position value increased by $5.76 million. This figure reflects changes from both trading activity and market price movement.
Following the trade, Capital Asset Advisory Services holds 805,738 shares of VTC. The total value of this holding is $62.71 million.
This purchase brings the fund's stake in VTC to 2.52% of its reportable assets under management. The filing also listed the firm's top holdings after the transaction.
These include NYSEMKT:VV at $351.60 million, representing 14.13% of assets under management. NYSEMKT:AGG is held at $177.29 million, or 7.13% of AUM. Other significant holdings are NYSEMKT:IDEV at $114.45 million, NYSEMKT:SPDW at $90.41 million, and NYSEMKT:VO at $77.15 million.
As of January 8, shares of VTC were priced at $77.69. The ETF had assets under management of $1.51 billion and a yield of 4.75%.