Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Sees Large Volume Increase – Should You Buy?

Shares of Vanguard Total Corporate Bond ETF (NASDAQ:VTC) saw an uptick in trading volume on Friday. 196,850 shares traded hands during mid-day trading, an increase of 63% from the average daily volume of 120,569 shares. The stock last traded at $74.0450 and had previously closed at $73.99.

Vanguard Total Corporate Bond ETF Stock Down 0.0%

The firm’s 50 day moving average is $73.92 and its 200-day moving average is $76.09.

Institutional Trading of Vanguard Total Corporate Bond ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. Kelsey Financial LLC lifted its stake in shares of Vanguard Total Corporate Bond ETF by 75.6% in the third quarter. Kelsey Financial LLC now owns 20,715 shares of the company’s stock worth $1,508,000 after buying an additional 8,919 shares during the last quarter. Busey Bank bought a new stake in shares of Vanguard Total Corporate Bond ETF during the 3rd quarter worth $278,000. Nisa Investment Advisors LLC bought a new stake in shares of Vanguard Total Corporate Bond ETF during the 3rd quarter worth $1,375,000. Warwick Investment Management Inc. grew its stake in Vanguard Total Corporate Bond ETF by 10.7% in the 3rd quarter. Warwick Investment Management Inc. now owns 572,947 shares of the company’s stock valued at $41,699,000 after buying an additional 55,291 shares during the last quarter. Finally, SteelPeak Wealth LLC acquired a new position in Vanguard Total Corporate Bond ETF in the 3rd quarter valued at $284,000.

Vanguard Total Corporate Bond ETF Company Profile

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.