Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) Sees Large Volume Increase – Still a Buy?

Shares of Vanguard Long-Term Corporate Bond ETF (NASDAQ:VCLT) saw an uptick in trading volume on Wednesday . 913,296 shares changed hands during mid-day trading, a decline of 33% from the previous session’s volume of 1,365,409 shares.The stock last traded at $73.59 and had previously closed at $73.67.

Vanguard Long-Term Corporate Bond ETF Price Performance

The stock’s 50-day simple moving average is $76.70 and its 200-day simple moving average is $78.13.

Vanguard Long-Term Corporate Bond ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, December 24th were given a dividend of $0.3563 per share. This is an increase from Vanguard Long-Term Corporate Bond ETF’s previous dividend of $0.34. The ex-dividend date was Tuesday, December 24th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. PSI Advisors LLC grew its position in shares of Vanguard Long-Term Corporate Bond ETF by 71.4% during the 3rd quarter. PSI Advisors LLC now owns 437 shares of the exchange traded fund’s stock valued at $36,000 after acquiring an additional 182 shares during the period. Semmax Financial Advisors Inc. purchased a new stake in shares of Vanguard Long-Term Corporate Bond ETF during the 2nd quarter valued at approximately $38,000. GAMMA Investing LLC lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 8,116.7% during the 3rd quarter. GAMMA Investing LLC now owns 493 shares of the exchange traded fund’s stock valued at $40,000 after buying an additional 487 shares in the last quarter. Glass Jacobson Investment Advisors llc lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 507.1% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 1,196 shares of the exchange traded fund’s stock valued at $97,000 after buying an additional 999 shares in the last quarter. Finally, WestEnd Advisors LLC lifted its stake in shares of Vanguard Long-Term Corporate Bond ETF by 27.6% during the 3rd quarter. WestEnd Advisors LLC now owns 1,499 shares of the exchange traded fund’s stock valued at $122,000 after buying an additional 324 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.