Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Hits New 1-Year Low – Here’s Why

Vanguard Total Corporate Bond ETF (NASDAQ:VTC)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $74.53 and last traded at $74.5490, with a volume of 29577 shares trading hands. The stock had previously closed at $74.73.

Vanguard Total Corporate Bond ETF Stock Down 0.1%

The business’s 50 day moving average price is $75.46 and its 200-day moving average price is $76.42.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Waverly Advisors LLC bought a new position in Vanguard Total Corporate Bond ETF in the first quarter valued at about $26,000. Ascentis Independent Advisors bought a new position in Vanguard Total Corporate Bond ETF during the first quarter worth about $49,000. Trust Co. of Vermont bought a new stake in shares of Vanguard Total Corporate Bond ETF in the 2nd quarter valued at about $127,000. Winthrop Capital Management LLC boosted its stake in 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 during the last quarter. Finally, IFP Advisors Inc acquired a new position in Vanguard Total Corporate Bond ETF during the fourth quarter valued at approximately $203,000.

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.