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

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLTGet Free Report) reached a new 52-week low on Thursday . The company traded as low as $71.00 and last traded at $70.9390, with a volume of 3170 shares traded. The stock had previously closed at $71.45.

Vanguard Long-Term Corporate Bond ETF Trading Down 0.8%

The business has a 50-day moving average of $72.51 and a 200-day moving average of $74.20.

Institutional Investors Weigh In On Vanguard Long-Term Corporate Bond ETF

Several large investors have recently made changes to their positions in the company. Western Wealth Management LLC acquired a new position in shares of Vanguard Long-Term Corporate Bond ETF during the 1st quarter worth $34,000. Jessup Wealth Management Inc acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at $36,000. Entrust Financial LLC acquired a new stake in shares of Vanguard Long-Term Corporate Bond ETF in the 4th quarter valued at $40,000. Qube Research & Technologies Ltd bought a new stake in Vanguard Long-Term Corporate Bond ETF in the third quarter worth $65,000. Finally, US Bancorp DE increased its position in Vanguard Long-Term Corporate Bond ETF by 1,700.0% during the third quarter. US Bancorp DE now owns 846 shares of the exchange traded fund’s stock worth $66,000 after buying an additional 799 shares during the last quarter.

Vanguard Long-Term Corporate Bond ETF Company Profile

(Get Free Report)

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.

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