Vanguard Total Corporate Bond ETF (NASDAQ:VTC) Hits New 52-Week Low – Time to Sell?

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) hit a new 52-week low on Tuesday. The stock traded as low as $72.77 and last traded at $72.92, with a volume of 166504 shares. The stock had previously closed at $73.34.

Vanguard Total Corporate Bond ETF Price Performance

The business has a 50-day simple moving average of $74.76 and a 200-day simple moving average of $75.96.

Institutional Trading of Vanguard Total Corporate Bond ETF

Several hedge funds have recently added to or reduced their stakes in the company. Waverly Advisors LLC acquired a new position in Vanguard Total Corporate Bond ETF during the 1st quarter worth approximately $26,000. Ascentis Independent Advisors acquired a new stake in shares of Vanguard Total Corporate Bond ETF in the 1st quarter valued at $49,000. Trust Co. of Vermont acquired a new stake in shares of Vanguard Total Corporate Bond ETF in the 2nd quarter valued at $127,000. Winthrop Capital Management LLC lifted its position in shares of Vanguard Total Corporate Bond ETF by 11.4% during the 4th quarter. Winthrop Capital Management LLC now owns 2,200 shares of the company’s stock worth $171,000 after purchasing an additional 225 shares during the last quarter. Finally, Oregon Pacific Wealth Management LLC lifted its position in shares of Vanguard Total Corporate Bond ETF by 4.7% during the 1st quarter. Oregon Pacific Wealth Management LLC now owns 2,996 shares of the company’s stock worth $230,000 after purchasing an additional 134 shares during 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.