Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) saw an uptick in trading volume on Wednesday. Approximately 9,313,069 shares were traded during trading, an increase of 73% from the previous session’s volume of 5,380,165 shares. The stock last traded at $68.5620 and had previously closed at $68.75.

Vanguard Long-Term Corporate Bond ETF Price Performance

The stock’s 50 day moving average is $71.62 and its two-hundred day moving average is $73.60.

Institutional Trading of Vanguard Long-Term Corporate Bond ETF

Several institutional investors have recently bought and sold shares of VCLT. Allianz SE bought a new position in shares of Vanguard Long-Term Corporate Bond ETF during the fourth quarter valued at $183,255,000. Royal Bank of Canada grew its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 33.3% in the 1st quarter. Royal Bank of Canada now owns 852,628 shares of the exchange traded fund’s stock worth $63,708,000 after purchasing an additional 212,997 shares during the last quarter. PNC Financial Services Group Inc. increased its position in shares of Vanguard Long-Term Corporate Bond ETF by 296.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 681,612 shares of the exchange traded fund’s stock worth $50,930,000 after purchasing an additional 509,611 shares in the last quarter. Sanctuary Advisors LLC lifted its holdings in Vanguard Long-Term Corporate Bond ETF by 3.8% during the 1st quarter. Sanctuary Advisors LLC now owns 594,398 shares of the exchange traded fund’s stock valued at $44,413,000 after purchasing an additional 21,885 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in Vanguard Long-Term Corporate Bond ETF by 5.1% in the second quarter. Envestnet Asset Management Inc. now owns 529,936 shares of the exchange traded fund’s stock valued at $39,878,000 after buying an additional 25,658 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. 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.