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

Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) saw strong trading volume on Friday . 6,479,069 shares were traded during 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 Performance

The business’s 50-day simple moving average is $75.06 and its 200 day simple moving average is $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 paid a $0.3447 dividend. The ex-dividend date of this dividend was Monday, February 3rd.

Hedge Funds Weigh In On Vanguard Long-Term Corporate Bond ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Brookstone Capital Management lifted its position in Vanguard Long-Term Corporate Bond ETF by 39.2% during the fourth quarter. Brookstone Capital Management now owns 6,865 shares of the exchange traded fund’s stock valued at $513,000 after buying an additional 1,933 shares during the period. Mutual Advisors LLC increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 9.2% during the fourth quarter. Mutual Advisors LLC now owns 3,348 shares of the exchange traded fund’s stock valued at $250,000 after acquiring an additional 282 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 40.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,231 shares of the exchange traded fund’s stock valued at $344,000 after acquiring an additional 1,218 shares in the last quarter. HighTower Advisors LLC increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 115.8% during the third quarter. HighTower Advisors LLC now owns 70,354 shares of the exchange traded fund’s stock valued at $5,716,000 after acquiring an additional 37,751 shares in the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in shares of Vanguard Long-Term Corporate Bond ETF by 28.6% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 3,908 shares of the exchange traded fund’s stock valued at $292,000 after acquiring an additional 870 shares in the last quarter.

About Vanguard Long-Term Corporate Bond ETF

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.