Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Hits New 52-Week Low – What’s Next?

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) hit a new 52-week low on Tuesday . The company traded as low as $73.86 and last traded at $74.00, with a volume of 72267 shares. The stock had previously closed at $74.03.

Vanguard Total Corporate Bond ETF Stock Performance

The company has a fifty day moving average of $75.19 and a two-hundred day moving average of $76.24.

Institutional Investors Weigh In On Vanguard Total Corporate Bond ETF

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