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

Vanguard Total Corporate Bond ETF (NASDAQ:VTC) shares saw strong trading volume on Friday. 196,850 shares changed hands during mid-day trading, an increase of 63% from the average daily volume of 120,569 shares. The stock last traded at $74.0450 and had previously closed at $73.99.

Vanguard Total Corporate Bond ETF Trading Down 0.0%

The firm has a 50-day moving average of $73.92 and a two-hundred day moving average of $76.09.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in VTC. Waverly Advisors LLC purchased a new stake in shares of Vanguard Total Corporate Bond ETF during the first quarter worth $26,000. Ascentis Independent Advisors purchased a new position in Vanguard Total Corporate Bond ETF in the first quarter valued at about $49,000. Trust Co. of Vermont acquired a new position in Vanguard Total Corporate Bond ETF in the 2nd quarter worth about $127,000. Mather Group LLC. acquired a new position in Vanguard Total Corporate Bond ETF in the 3rd quarter worth about $122,000. Finally, McKinley Carter Wealth Services Inc. acquired a new position in Vanguard Total Corporate Bond ETF in the 3rd quarter worth about $256,000.

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.