Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT) Hits New 52-Week Low – Should You Sell?

Shares of Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCITGet Free Report) hit a new 52-week low during trading on Tuesday . The company traded as low as $79.44 and last traded at $79.54, with a volume of 9824102 shares traded. The stock had previously closed at $79.60.

Vanguard Intermediate-Term Corporate Bond ETF Stock Up 0.1%

The stock has a 50 day simple moving average of $81.08 and a two-hundred day simple moving average of $82.14.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in VCIT. NBH Bank acquired a new position in Vanguard Intermediate-Term Corporate Bond ETF in the second quarter valued at approximately $28,000. HHM Wealth Advisors LLC purchased a new position in Vanguard Intermediate-Term Corporate Bond ETF in the first quarter valued at approximately $29,000. Monetary Solutions Ltd acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $30,000. Bayban acquired a new stake in Vanguard Intermediate-Term Corporate Bond ETF during the fourth quarter worth approximately $36,000. Finally, Compass Financial Management LLC purchased a new stake in shares of Vanguard Intermediate-Term Corporate Bond ETF during the 2nd quarter worth approximately $40,000.

About Vanguard Intermediate-Term Corporate Bond ETF

(Get Free Report)

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc provides investment adisory services to the Fund.

Further Reading

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