Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Strong Trading Volume – Should You Buy?

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT – Get Free Report) saw unusually-high trading volume on Wednesday. 11,910,960 shares traded hands during trading, an increase of 115% from the average daily volume of 5,534,196 shares. The stock last traded at $70.6450 and had previously closed at $70.10.

Vanguard Long-Term Corporate Bond ETF Stock Down 0.1%

The stock’s fifty day moving average price is $70.25 and its 200 day moving average price is $73.57.

Hedge Funds Weigh In On Vanguard Long-Term Corporate Bond ETF

A number of institutional investors have recently modified their holdings of VCLT. CoreCap Advisors LLC lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 1.9% during the 2nd quarter. CoreCap Advisors LLC now owns 8,751 shares of the exchange traded fund’s stock worth $659,000 after purchasing an additional 165 shares during the last quarter. Harmony Asset Management LLC boosted its position in 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 valued at $1,009,000 after purchasing an additional 175 shares in the last quarter. Anchor Capital Advisors LLC grew its stake in Vanguard Long-Term Corporate Bond ETF by 4.5% in the second quarter. Anchor Capital Advisors LLC now owns 4,600 shares of the exchange traded fund’s stock valued at $346,000 after purchasing an additional 200 shares during the last quarter. D.A. Davidson & CO. grew its stake in Vanguard Long-Term Corporate Bond ETF by 3.6% in the first quarter. D.A. Davidson & CO. now owns 7,509 shares of the exchange traded fund’s stock valued at $561,000 after purchasing an additional 263 shares during the last quarter. Finally, Atomic Invest LLC bought a new position in Vanguard Long-Term Corporate Bond ETF in the second quarter worth about $25,000.

About Vanguard Long-Term Corporate Bond ETF

(Get Free Report)

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.

Further Reading

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