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

Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) saw an uptick in trading volume on Wednesday. 11,910,960 shares were traded 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 Price Performance

The firm has a 50-day moving average price of $70.33 and a 200 day moving average price of $73.63.

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

Large investors have recently added to or reduced their stakes in the company. Atomic Invest LLC bought a new stake in Vanguard Long-Term Corporate Bond ETF during the second quarter valued at $25,000. Western Wealth Management LLC acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the first quarter worth $34,000. Eastern Bank bought a new position in shares of Vanguard Long-Term Corporate Bond ETF in the 3rd quarter worth about $37,000. IFP Advisors Inc lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 27.0% in the 3rd quarter. IFP Advisors Inc now owns 1,815 shares of the exchange traded fund’s stock worth $124,000 after buying an additional 386 shares during the last quarter. Finally, NFSG Corp lifted its position in shares of Vanguard Long-Term Corporate Bond ETF by 73.0% in the 1st quarter. NFSG Corp now owns 1,680 shares of the exchange traded fund’s stock worth $126,000 after buying an additional 709 shares during the last quarter.

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.