Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) shares passed above its 50 day moving average during trading on Wednesday. The stock has a 50 day moving average of $70.29 and traded as high as $70.93. Vanguard Long-Term Corporate Bond ETF shares last traded at $70.82, with a volume of 17,641,739 shares trading hands.

Vanguard Long-Term Corporate Bond ETF Stock Performance

The business’s 50 day moving average price is $70.29 and its 200-day moving average price is $73.60.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. CoreCap Advisors LLC lifted its position in Vanguard Long-Term Corporate Bond ETF by 1.9% during the second quarter. CoreCap Advisors LLC now owns 8,751 shares of the exchange traded fund’s stock worth $659,000 after acquiring an additional 165 shares during the last quarter. Harmony Asset Management LLC boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 1.3% during the first quarter. Harmony Asset Management LLC now owns 13,504 shares of the exchange traded fund’s stock worth $1,009,000 after acquiring an additional 175 shares during the period. Anchor Capital Advisors LLC boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 4.5% during the second quarter. Anchor Capital Advisors LLC now owns 4,600 shares of the exchange traded fund’s stock worth $346,000 after acquiring an additional 200 shares during the period. D.A. Davidson & CO. boosted its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 3.6% during the first quarter. D.A. Davidson & CO. now owns 7,509 shares of the exchange traded fund’s stock worth $561,000 after acquiring an additional 263 shares during the period. Finally, Atomic Invest LLC bought a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the second quarter worth approximately $25,000.

Vanguard Long-Term Corporate Bond ETF Company Profile

Vanguard Long Term Corporate Bond ETF (the Fund) seeks to track the performance of a market-weighted corporate bond index with a long-term, dollar-weighted average maturity. The Fund employs a passive management or indexing investment approach designed to track the performance of the Barclays Capital U.S. 10+ Year Corporate Index (the Index). This index includes the United States dollar-denominated, investment-grade, fixed-rate, taxable securities issued by industrial, utility and financial companies, with maturities greater than 10 years.