Large Outflow of Money Witnessed in Vanguard Intermediate-Term Corporate Bond ETF

Vanguard Intermediate-Term Corporate Bond ETF (VCIT) : Net money flow in Vanguard Intermediate-Term Corporate Bond ETF (VCIT) was negative ($10.66 million) and the inflow of money on uptick was $11.51 million, whereas, the outflow of money on downticks amounted to $22.16 million on Wednesday. The traders used every opportunity of price strength in the stock to sell their positions, hence, the total uptick to downtick ratio was 0.52. The block trades show that the large investors, were aggressive sellers in the stock. The total value of block trades on upticks was only $1.38 million. On the other hand, the total value of block trades done on downticks was $8.93 million. The ratio of uptick to downtick block trades was 0.15. The money flow in block trades was negative ($7.55). Vanguard Intermediate-Term Corporate Bond ETF (VCIT) gained $0.02 cent during the day and reached $89.8, a gain of 0.02% over the previous day.

Vanguard

Shares of Vanguard Intermediate-Term Corp Bd ETF rose by 0.67% in the last five trading days and 0.29% for the last 4 weeks. Vanguard Intermediate-Term Corp Bd ETF is up 1.52% in the last 3-month period. Year-to-Date the stock performance stands at 9.03%.

Vanguard Intermediate-Term Corporate Bond ETF (NASDAQ:VCIT): stock was range-bound between the intraday low of $89.7 and the intraday high of $89.84 after having opened at $89.79 on Wednesdays session. The stock finally closed in the red at $89.79, a loss of -0.02%. The stock remained in the red for the whole trading day. The total traded volume was 1,315,968 shares. The stock failed to cross $89.84 in Wednesdays trading. The stocks closing price on Thursday was $89.78.

Vanguard Intermediate-Term Corporate Bond ETF seeks to track the performance of the Barclays Capital U.S. 5-10 Year Corporate Bond Index, a subset of the Barclays Capital U.S. Aggregate Float Adjusted Index. The Barclays Capital U.S. 5-10 Year Corporate Bond Index measures the investment return of U.S. dollar denominated, investment-grade, fixed rate, taxable securities issued by industrial, utility, and financial companies with maturities between 5 and 10 years. Vanguard Group, Inc. provides investment adisory services to the Fund.

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