Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Reaches New 1-Year Low – Time to Sell?

Vanguard Total Corporate Bond ETF (NASDAQ:VTCGet Free Report) 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 traded. The stock had previously closed at $74.73.

Vanguard Total Corporate Bond ETF Stock Performance

The business has a 50 day moving average of $75.46 and a 200-day moving average of $76.42.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Marble Wealth LLC acquired a new position in Vanguard Total Corporate Bond ETF during the fourth quarter worth $3,794,000. Mill Creek Capital Advisors LLC grew its position in shares of Vanguard Total Corporate Bond ETF by 4.5% in the fourth quarter. Mill Creek Capital Advisors LLC now owns 913,233 shares of the company’s stock valued at $70,903,000 after purchasing an additional 39,603 shares during the last quarter. North Dakota State Investment Board bought a new position in shares of Vanguard Total Corporate Bond ETF during the fourth quarter worth approximately $28,173,000. NewEdge Advisors LLC lifted its holdings in Vanguard Total Corporate Bond ETF by 263.3% during the 1st quarter. NewEdge Advisors LLC now owns 9,864 shares of the company’s stock worth $758,000 after purchasing an additional 7,149 shares during the last quarter. Finally, Nicholas Wealth LLC. acquired a new stake in shares of Vanguard Total Corporate Bond ETF during the first quarter worth $592,000.

About Vanguard Total Corporate Bond ETF

(Get Free Report)

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.

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