Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Hits New 1-Year Low – Time to Sell?

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) shares reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $74.53 and last traded at $74.5490, with a volume of 29577 shares. The stock had previously closed at $74.73.

Vanguard Total Corporate Bond ETF Stock Performance

The business’s 50-day simple moving average is $75.37 and its two-hundred day simple moving average is $76.37.

Institutional Trading of Vanguard Total Corporate Bond ETF

A number of institutional investors have recently added to or reduced their stakes in VTC. Waverly Advisors LLC acquired a new position in shares of Vanguard Total Corporate Bond ETF during the first quarter worth about $26,000. Ascentis Independent Advisors acquired a new position in Vanguard Total Corporate Bond ETF during the 1st quarter worth approximately $49,000. Trust Co. of Vermont acquired a new position in Vanguard Total Corporate Bond ETF during the 2nd quarter worth approximately $127,000. Winthrop Capital Management LLC boosted its holdings in Vanguard Total Corporate Bond ETF by 11.4% in the 4th quarter. Winthrop Capital Management LLC now owns 2,200 shares of the company’s stock worth $171,000 after acquiring an additional 225 shares during the period. Finally, IFP Advisors Inc acquired a new stake in Vanguard Total Corporate Bond ETF in the fourth quarter valued at approximately $203,000.

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.