Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Reaches New 1-Year Low – What’s Next?

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) hit a new 52-week low on Wednesday. The stock traded as low as $73.82 and last traded at $73.8160, with a volume of 22991 shares changing hands. The stock had previously closed at $74.43.

Vanguard Total Corporate Bond ETF Stock Performance

The business has a 50 day moving average of $74.98 and a two-hundred day moving average of $76.08.

Institutional Investors Weigh In On Vanguard Total Corporate Bond ETF

Several institutional investors have recently bought and sold shares of the stock. Valpey Financial Services LLC lifted its position in shares of Vanguard Total Corporate Bond ETF by 7,873.0% during the 4th quarter. Valpey Financial Services LLC now owns 2,875,950 shares of the company’s stock worth $223,289,000 after buying an additional 2,839,879 shares in the last quarter. Wedmont Private Capital grew its position in shares of Vanguard Total Corporate Bond ETF by 8.4% during the 2nd quarter. Wedmont Private Capital now owns 1,469,754 shares of the company’s stock valued at $111,570,000 after acquiring an additional 113,469 shares during the period. Mill Creek Capital Advisors LLC raised its holdings in shares of Vanguard Total Corporate Bond ETF by 4.5% in the 4th quarter. Mill Creek Capital Advisors LLC now owns 913,233 shares of the company’s stock worth $70,903,000 after purchasing an additional 39,603 shares during the period. Axxcess Wealth Management LLC lifted its stake in Vanguard Total Corporate Bond ETF by 6.4% in the fourth quarter. Axxcess Wealth Management LLC now owns 772,526 shares of the company’s stock valued at $59,979,000 after purchasing an additional 46,288 shares during the last quarter. Finally, Citadel Advisors LLC lifted its stake in Vanguard Total Corporate Bond ETF by 1,128.9% in the second quarter. Citadel Advisors LLC now owns 416,368 shares of the company’s stock valued at $31,977,000 after purchasing an additional 382,486 shares during the last quarter.

About Vanguard Total Corporate Bond ETF

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.