Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Strong Trading Volume – Time to Buy?

Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) saw unusually-strong trading volume on Friday . Approximately 6,479,069 shares traded hands during mid-day trading, an increase of 156% from the previous session’s volume of 2,533,443 shares.The stock last traded at $76.11 and had previously closed at $75.60.

Vanguard Long-Term Corporate Bond ETF Stock Up 0.5 %

The stock has a fifty day moving average of $75.06 and a 200 day moving average of $77.71.

Vanguard Long-Term Corporate Bond ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Wednesday, February 5th. Investors of record on Monday, February 3rd were issued a $0.3447 dividend. The ex-dividend date was Monday, February 3rd.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the business. Prudential PLC lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 9.5% in the 4th quarter. Prudential PLC now owns 83,858,679 shares of the exchange traded fund’s stock worth $6,270,952,000 after purchasing an additional 7,307,685 shares in the last quarter. Vanguard Group Inc. raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 6.5% during the 4th quarter. Vanguard Group Inc. now owns 4,847,247 shares of the exchange traded fund’s stock worth $362,477,000 after acquiring an additional 293,885 shares in the last quarter. State of Tennessee Department of Treasury raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 15.5% during the 4th quarter. State of Tennessee Department of Treasury now owns 4,525,479 shares of the exchange traded fund’s stock worth $338,415,000 after acquiring an additional 608,967 shares in the last quarter. Bank of America Corp DE raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 22.2% during the 4th quarter. Bank of America Corp DE now owns 2,580,995 shares of the exchange traded fund’s stock worth $193,007,000 after acquiring an additional 468,697 shares in the last quarter. Finally, Dai ichi Life Insurance Company Ltd raised its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 2.2% during the 3rd quarter. Dai ichi Life Insurance Company Ltd now owns 2,243,860 shares of the exchange traded fund’s stock worth $182,269,000 after acquiring an additional 49,278 shares in the last quarter.

Vanguard Long-Term Corporate Bond ETF Company Profile

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.