Vanguard Long-Term Corporate Bond ETF Sees Significant Inflow Boost
This week, the Vanguard Long-Term Corporate Bond ETF (Symbol: VCLT) has caught our attention with an impressive inflow of approximately $490.2 million. This marks a 3.3% rise in outstanding units, jumping from 188,184,277 to 194,384,376.
The accompanying chart illustrates VCLT’s one-year price performance in relation to its 200-day moving average:
Analyzing the chart, VCLT’s lowest price over the past year was $73.2101 per share, while the highest was $82.63. Currently, the ETF last traded at $79.18. Comparing the latest share price against the 200-day moving average provides valuable insights for investors—learn more about the 200-day moving average.
Exchange Traded Funds (ETFs) function similarly to stocks, with “units” being bought and sold instead of shares. These units can be traded just like stocks but can also be created or destroyed based on investor demand. Each week, we analyze the changes in shares outstanding to identify ETFs with significant inflows (new units created) or outflows (old units destroyed). When new units are created, the ETF must purchase the underlying assets, while the destruction of units necessitates selling those holdings. Therefore, large flows can influence the individual stocks held within ETFs.
Click here to find out which 9 other ETFs had notable inflows »
Related Topics:
- Cheap Dividend Stocks
- ETFs Holding TK
- Funds Holding AITB
The views and opinions expressed herein are those of the author and do not necessarily reflect the opinions of Nasdaq, Inc.
